A Stochastic Strategy for Multiagent Contracts and the Impact of Deliberation Overhead

Sunju Park, Edmund H. Durfee

In multiagent systems consisting of self-interested agents, forming a contract often requires complex, strategic thinking (Rosenschein and Zlotkin 1994, Vidal and Durfee 1996). In this abstract, we describe a stochastic contracting strategy for a utility-maximizing agent and discuss the impact of deliberation overhead on its performance.

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