A Note on : The Effect of Lying in a Negotiation Game

Document Type : Research Paper


Iran Banking Institute



threaten system self-worth by preventing them from seeing themselves as a good system, and it can generally erode trust in society. Lying may be considered a game. This paper is concerned with the effect of lying in a system containing two agents using the game theory. From a repeated measurement model, two agents (which constitute a system) play a global game and it is seen that during a repeated game, the system will be destroyed by laying an agent. The probability of failing negotiation is derived and its behavior is studied under different scenarios. Simulation results are proposed to support theoretical results. Finally, concluding remarks are given.