Reducing transaction costs by means of policy intervention could generate comparative advantages and contribute to the growth of international trade. Chinese government agencies have introduced a number of policies in support of rapidly growing cross-border e-commerce to promote China’s international trade. However, the previous literature has not empirically verified the precise effect of thes...

Energy has been the main pillar of the global growth and development. Amongst various sources of energy, oil has the largest share in the global energy consumption. As these energy reserves tend to decline, few regions, most notably the Middle East which has been at the forefront with the largest reserves, can fulfill the rising global energy demand. Even then, in view of its vast energy potent...

While there is evidence that politics matter for international cooperation, the impact on economic integration of the quality of institutions has been given short shrift in the previous literature. I argue that the quality of institutions—control of corruption and enforcement of the rule of law, in particular—raises the quantity and the quality of information available to potential member state...

Agent-based computational economics studies the nature of economic processes by means of artificial agents that simulate human behavior. Human behavior is known to be scripted by cultural background. The processes of trade partner selection and negotiation work out differently in different communities. Different communities have different norms regarding trust and opportunism. These differences...

Negotiation, is in general very context sensitive. Since our research laboratory has successfully developed decision support systems in Australian Family Law, we have used our domain expertise to construct a variety of Family Law negotiation support systems. Family Winner uses a variety of artificial intelligence and game theoretic techniques to advise upon structuring the mediation process and...

Consider an agent that can autonomously negotiate and coordinate with others in our stead, to reach outcomes and agreements in our interest. Such automated negotiation agents are already common practice in areas such as high frequency trading, and are now finding applications in domains closer to home, which involve not only mere financial optimizations but balanced trade-offs between multiple ...

The classical approach to access control of Web Services is to present a number of credentials for the access to a service and possibly negotiate their disclosure using a suitable negotiation protocol and a policy to protect them. In practice a “Web Service” is not really a single service but rather a set of services that can be accessed only through a suitable conversation. Further, in real-li...

Requirements engineering for multiple customers, each of whom have competing and often conflicting priorities, raises issues of negotiation, mediation and conflict resolution. This paper uses a multi-objective optimisation approach to support investigation of the trade-offs in various notions of fairness between multiple customers. Results are presented to validate the approach using two real-w...

The contribution of this work is designing and developing enhanced market-driven agents with the flexibility to (1) respond to changing market conditions, and (2) raise and relax trade aspirations. Previous theoretical analyses have shown that market-driven agents (MDAs) make prudent compromises by reacting to changing market situations by taking into account factors such as competition, deadli...