Abstract
We introduce and characterize new stability notions in bargaining games over networks. Similar results were already known for networks induced by simple graphs, and for bargaining games whose underlying combinatorial optimization problems are packing-type. Our results are threefold. First, we study bargaining games whose underlying combinatorial optimization problems are covering-type. Second, we extend the study of stability notions when the networks are induced by hypergraphs, and we further extend the results to fully weighted instances where the objects that are negotiated have non-uniform value among the agents. Third, we introduce and characterize new stability notions that are naturally derived by polyhedral combinatorics and duality theory for Linear Programming. Interestingly, these new stability notions admit intuitive interpretations touching on socially-aware agents. Overall, our contributions are meant to identify natural and desirable bargaining outcomes as well as to characterize powerful positions in bargaining networks.
K. Georgiou—Research supported in part by NSERC.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Azar, Y., Birnbaum, B., Celis, L.E., Devanur, N.R., Peres, Y.: Convergence of local dynamics to balanced outcomes in exchange networks. In: 50th Annual IEEE Symposium on Foundations of Computer Science, FOCS 2009, Atlanta, Georgia, USA, 25–27 October 2009, pp. 293–302. IEEE Computer Society (2009)
Bateni, M.H., Hajiaghayi, M.T., Immorlica, N., Mahini, H.: The cooperative game theory foundations of network bargaining games. In: Abramsky, S., Gavoille, C., Kirchner, C., Meyer auf der Heide, F., Spirakis, P.G. (eds.) ICALP 2010. LNCS, vol. 6198, pp. 67–78. Springer, Heidelberg (2010). https://doi.org/10.1007/978-3-642-14165-2_7
Bayati, M., Borgs, C., Chayes, J., Kanoria, Y., Montanari, A.: Bargaining dynamics in exchange networks. J. Econ. Theory 156, 417–454 (2015)
Bock, A., Chandrasekaran, K., Könemann, J., Peis, B., Sanità , L.: Finding small stabilizers for unstable graphs. Math. Program. 154(1–2), 173–196 (2015)
Celis, L.E., Devanur, N.R., Peres, Y.: Local dynamics in bargaining networks via random-turn games. In: Saberi, A. (ed.) WINE 2010. LNCS, vol. 6484, pp. 133–144. Springer, Heidelberg (2010). https://doi.org/10.1007/978-3-642-17572-5_11
Chakraborty, T., Kearns, M.: Bargaining solutions in a social network. In: Papadimitriou, C., Zhang, S. (eds.) WINE 2008. LNCS, vol. 5385, pp. 548–555. Springer, Heidelberg (2008). https://doi.org/10.1007/978-3-540-92185-1_61
Chakraborty, T., Kearns, M., Khanna, S.: Network bargaining: algorithms and structural results. In: Proceedings 10th ACM Conference on Electronic Commerce, EC 2009, Stanford, California, USA, 6–10 July 2009, pp. 159–168 (2009)
Chalkiadakis, G., Elkind, E., Wooldridge, M.: Computational Aspects of Cooperative Game Theory. Morgan & Claypool Publishers, San Rafael (2011)
Chan, T.-H.H., Chen, F., Ning, L.: Optimizing social welfare for network bargaining games in the face of unstability, greed and spite. In: Epstein, L., Ferragina, P. (eds.) ESA 2012. LNCS, vol. 7501, pp. 265–276. Springer, Heidelberg (2012). https://doi.org/10.1007/978-3-642-33090-2_24
Chvátal, V.: Edmonds polytopes and a hierarchy of combinatorial problems. Discrete Math. 306(10–11), 886–904 (2006)
Cook, K.S., Emerson, R.M., Gillmore, M.R., Yamagishi, T.: Distribution of power in exchange networks: theory and experimental results. Am. J. Sociol. 89, 275–305 (1983)
Deng, X., Fang, Q.: Algorithmic cooperative game theory. In: Chinchuluun, A., Pardalos, P.M., Migdalas, A., Pitsoulis, L. (eds.) Pareto Optimality, Game Theory and Equilibria. SOIA, vol. 17, pp. 159–185. Springer, New York (2008). https://doi.org/10.1007/978-0-387-77247-9_7
Deng, X., Ibaraki, T., Nagamochi, H.: Algorithmic aspects of the core of combinatorial optimization games. Math. Oper. Res. 24(3), 751–766 (1999)
Draief, M., Vojnovic, M.: Bargaining dynamics in exchange networks. CoRR, abs/1202.1089 (2012)
Farczadi, L., Georgiou, K., Könemann, J.: Network bargaining with general capacities. In: Bodlaender, H.L., Italiano, G.F. (eds.) ESA 2013. LNCS, vol. 8125, pp. 433–444. Springer, Heidelberg (2013). https://doi.org/10.1007/978-3-642-40450-4_37
Georgiou, K., Karakostas, G., Könemann, J., Stamirowska, Z.: Social exchange networks with distant bargaining. Theoret. Comput. Sci. 554, 263–274 (2014)
Gomory, R.E.: Solving linear programming problems in integers. In: Bellman, R., Hall Jr., M. (eds.) Combinatorial Analysis, pp. 211–215, Providence, RI. Symposia in Applied Mathematics X. American Mathematical Society (1960)
Granot, D., Granot, F.: On some network flow games. Math. Oper. Res. 17(4), 792–841 (1992)
Hajiaghayi, M., Mahini, H.: Bargaining networks. In: Kao, M.Y. (ed.) Encyclopedia of Algorithms, pp. 1–5. Springer, Boston (2014). https://doi.org/10.1007/978-3-642-27848-8
Ito, T., Kakimura, N., Kamiyama, N., Kobayashi, Y., Okamoto, Y.: Efficient stabilization of cooperative matching games. Theoret. Comput. Sci. 677, 69–82 (2017)
Kanoria, Y., Bayati, M., Borgs, C., Chayes, J.T., Montanari, A.: A natural dynamics for bargaining on exchange networks. CoRR, abs/0911.1767 (2009)
Kleinberg, J.M., Tardos, É.: Balanced outcomes in social exchange networks. In: Proceedings of the ACM Symposium on Theory of Computing, pp. 295–304 (2008)
Lasserre, J.B.: An explicit exact SDP relaxation for nonlinear 0-1 programs. In: Aardal, K., Gerards, B. (eds.) IPCO 2001. LNCS, vol. 2081, pp. 293–303. Springer, Heidelberg (2001). https://doi.org/10.1007/3-540-45535-3_23
Lovász, L., Schrijver, A.: Cones of matrices and set-functions and 0-1 optimization. SIAM J. Optim. 1(2), 166–190 (1991)
Nash, J.: The bargaining problem. Econometrica 18, 155–162 (1950)
Nemhauser, G.L., Wolsey, L.A.: Integer and Combinatorial Optimization. Wiley, Hoboken (1988)
Rochford, S.C.: Symmetrically pairwise-bargained allocations in an assignment market. J. Econ. Theory 34(2), 262–281 (1984)
Shapley, L.S., Shubik, M.: The assignment game: the core. Int. J. Game Theory 1(1), 111–130 (1971)
Sherali, H.D., Adams, W.P.: A hierarchy of relaxations between the continuous and convex hull representations for zero-one programming problems. SIAM J. Discrete Math. 3(3), 411–430 (1990)
Willer, D.: Network Exchange Theory. Praeger Publishers, Westport (1999)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 ICST Institute for Computer Sciences, Social Informatics and Telecommunications Engineering
About this paper
Cite this paper
Georgiou, K., Kundu, S. (2019). Bargaining in Networks with Socially-Aware Agents. In: Avrachenkov, K., Huang, L., Marden, J., Coupechoux, M., Giovanidis, A. (eds) Game Theory for Networks. GameNets 2019. Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering, vol 277. Springer, Cham. https://doi.org/10.1007/978-3-030-16989-3_10
Download citation
DOI: https://doi.org/10.1007/978-3-030-16989-3_10
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-16988-6
Online ISBN: 978-3-030-16989-3
eBook Packages: Computer ScienceComputer Science (R0)