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A negotiation protocol for multiple interdependent issues negotiation over energy exchange

A negotiation protocol for multiple interdependent issues negotiation over energy exchange
A negotiation protocol for multiple interdependent issues negotiation over energy exchange
We present a novel negotiation protocol to facilitate energy exchange between off-grid homes that are equipped with renewable energy generation and electricity storage. Our solution imposes additional constraints on negotiation such that it reduces a complex interdependent multi-issue problem to one that is tractable. We prove that using our protocol, agents can reach a Pareto-optimal, dominant strategy equilibrium in a decentralized and timely fashion. We empirically evaluate our approach in a realistic setting. In this case, we show that energy exchange can be useful in reducing the capacity of the energy storage devices in homes by close to 40\%.
multiagent systems, negotiation protocol, rules of encounter, multi issue negotiation, interdependent multi issue negotiation
Alam, Muddasser
9a8f7f5d-2a65-4933-8903-d48445358eb8
Rogers, Alex
f9130bc6-da32-474e-9fab-6c6cb8077fdc
Ramchurn, Sarvapali
1d62ae2a-a498-444e-912d-a6082d3aaea3
Alam, Muddasser
9a8f7f5d-2a65-4933-8903-d48445358eb8
Rogers, Alex
f9130bc6-da32-474e-9fab-6c6cb8077fdc
Ramchurn, Sarvapali
1d62ae2a-a498-444e-912d-a6082d3aaea3

Alam, Muddasser, Rogers, Alex and Ramchurn, Sarvapali (2011) A negotiation protocol for multiple interdependent issues negotiation over energy exchange. IJCAI Workshop on AI for an Intelligent Planet. 16 Jul 2011. 6 pp .

Record type: Conference or Workshop Item (Paper)

Abstract

We present a novel negotiation protocol to facilitate energy exchange between off-grid homes that are equipped with renewable energy generation and electricity storage. Our solution imposes additional constraints on negotiation such that it reduces a complex interdependent multi-issue problem to one that is tractable. We prove that using our protocol, agents can reach a Pareto-optimal, dominant strategy equilibrium in a decentralized and timely fashion. We empirically evaluate our approach in a realistic setting. In this case, we show that energy exchange can be useful in reducing the capacity of the energy storage devices in homes by close to 40\%.

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More information

e-pub ahead of print date: 1 July 2011
Venue - Dates: IJCAI Workshop on AI for an Intelligent Planet, 2011-07-16 - 2011-07-16
Keywords: multiagent systems, negotiation protocol, rules of encounter, multi issue negotiation, interdependent multi issue negotiation
Organisations: Agents, Interactions & Complexity

Identifiers

Local EPrints ID: 272479
URI: https://eprints.soton.ac.uk/id/eprint/272479
PURE UUID: 7eb82561-0145-4393-8d9a-68907ffb1578
ORCID for Sarvapali Ramchurn: ORCID iD orcid.org/0000-0001-9686-4302

Catalogue record

Date deposited: 16 Jun 2011 13:43
Last modified: 01 Oct 2019 00:48

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