AgreeMate: Teaching LLMs to Haggle
This addresses the challenge of enabling LLMs to haggle effectively, which is an incremental improvement in applying existing methods to a negotiation setting.
The paper tackles the problem of training Large Language Models (LLMs) to perform strategic price negotiations through natural language, demonstrating that techniques like prompt engineering, fine-tuning, and chain-of-thought prompting enhance performance based on novel metrics.
We introduce AgreeMate, a framework for training Large Language Models (LLMs) to perform strategic price negotiations through natural language. We apply recent advances to a negotiation setting where two agents (i.e. buyer or seller) use natural language to bargain on goods using coarse actions. Specifically, we present the performance of Large Language Models when used as agents within a decoupled (modular) bargaining architecture. We demonstrate that using prompt engineering, fine-tuning, and chain-of-thought prompting enhances model performance, as defined by novel metrics. We use attention probing to show model attention to semantic relationships between tokens during negotiations.