Document Type
Thesis
Degree Name
Master of Science (MSc)
Department
Mathematics
Faculty/School
Faculty of Science
First Advisor
Dr. Marc Kilgour
Advisor Role
Supervisor
Abstract
Aspects of behavioral decision-making can be integrated into game-theoretic models of two-player bargaining using finite automata which can represent bargaining strategies in combination with various behavioral traits. The automata are used as bargaining agents who must jointly agree upon a fixed allocation of transferable utility in an infinite-horizon Rubinstein bargaining game. At each turn, the automata are given the opportunity to accept a proposed portion of the transferable utility, or to reject the proposal and make a counter-offer of their own. A round-robin tournament and ecological simulations were run to explore strategic dominance under different conditions. Principles of bargaining strategy were discussed and future fields of research explored.
Recommended Citation
Bell, Jim, "Rationality in Bargaining by Finite Automata" (2019). Theses and Dissertations (Comprehensive). 2220.
https://scholars.wlu.ca/etd/2220
Convocation Year
2019