Level of Greediness Sample Clauses

Level of Greediness. ‌ i,k A tactic of the GRA is determined by the level of greediness βgra which is described in Formula (3.12). We assume that a client does not know the GRA’s level of greediness because this information is private. However, the client models the GRA as it uses a time-dependent strategy, because we assume that all negotiating parties use this strategy within a particular Grid. We believe that our assumption is realistic because negotiation for the time-dependent issues such as resources has to follow the time- dependent strategy. It is also consistent to assume that the negotiators should broadly expect some patterns of behaviour of their opponents in order to make any decisions. i,k In this way, the client assumes that the GRA’s proposed resource rˆgra rises rapidly when it applies a generous tactic (i.e. the level of greediness is between 0 and 1) or slowly when it applies a greedy tactic (i.e. the level of greediness is higher than 1). If the GRA applies an indifferent tactic, then the GRA’s proposed resource increases on the same amount each negotiation round. Consequently, the client can compare the GRA’s proposals in the previous k − 1 and current k rounds of negotiation to estimate its level of greediness.  . Σβgra . Σ t i gra dl i,k i
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Related to Level of Greediness

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