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  • 标题:An Improved Simultaneous-Revelation Resolution Procedure that Induces Truthfulness
  • 本地全文:下载
  • 作者:Linlan Zhang ; Chunmei Wu ; Zhongyan Wang
  • 期刊名称:Journal of Service Science and Management
  • 印刷版ISSN:1940-9893
  • 电子版ISSN:1940-9907
  • 出版年度:2009
  • 卷号:2
  • 期号:2
  • 页码:92-95
  • DOI:10.4236/jssm.2009.22012
  • 出版社:Scientific Research Publishing
  • 摘要:Alternating-offer bargaining protocol is the most predominant way for solving bilateral bargaining problem in daily life. However, alternating-offer consumed more time and caused a lower efficiency in some cases. One proposed solution is called simultaneous-revelation resolution by which both parties reveal their reservation prices at the same time. But most simultaneous-revelation resolution procedures are inefficient because they encourage exaggerations. But it is fast and uncomplicated, this resolution procedure still has merit—especially if the parties can refrain from undue exaggera-tion. The paper designs a truthful mechanism for simultaneous-offer bargaining negotiation. In this mechanism, a rule manipulator can induce buyer and seller both to reveal their real prices by introducing suitable adjustment functions. And we show the honest revelations are in Nash equilibrium.
  • 关键词:mechanism design; simultaneous-offer; bargaining; truthfulness; nash equilibrium
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