AI Model Learns to Negotiate Like a Pro: New System Achieves 15% Better Deal Outcomes

Mike Young - Jan 1 - - Dev Community

This is a Plain English Papers summary of a research paper called AI Model Learns to Negotiate Like a Pro: New System Achieves 15% Better Deal Outcomes. If you like these kinds of analysis, you should join AImodels.fyi or follow us on Twitter.

Overview

  • AgreeMate trains language models to negotiate and haggle effectively
  • Introduces multi-phase negotiation training approach
  • Tested on online marketplace and business negotiation scenarios
  • Achieves better negotiation outcomes compared to baseline models
  • Demonstrates human-like negotiation capabilities and strategy adaptation

Plain English Explanation

Think of AgreeMate as teaching AI how to be a skilled negotiator at a flea market. Just like how humans learn to haggle through practice, this system trains AI models to master the back-and-forth of negotiation through careful study of successful deals.

The system breaks down ...

Click here to read the full summary of this paper

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