Multiagent Systems Agent-Based Provisioning of Group-Oriented Non-linear Telecommunication Services p. 193 A Multi-agent Model of Deceit and Trust in Intercultural Trade p. 205 Implementation of Epistemic Operators for Model Checking Multi-agent Systems p. 217 Meta-game HOLOS as a Multi-agent Decision-Making Laboratory p. 229 Agent-Based Computational Modeling of Emergent Collective Intelligenc...

This study examines the impact of oil price volatility on macroeconomic variables of the economy of Pakistan. We employed the Glosten, Jagannathan and Runkle (GJR) and Vector Autoregressive (VAR) models. The outcomes of the GJR model show the symmetric effect of oil price shock on conditional variance. Whereas Impulse Response Functions (IRFs) show the hostile effect on the employment and the o...

The macroeconomic implications of oil price fluctuations vary according to their sources. Our estimated two-country DSGE model distinguishes between country-specific oil supply shocks, various domestic and foreign activity shocks, and oil efficiency shocks. Changes in foreign oil efficiency, modeled as factor-augmenting technology, were the key driver of fluctuations in oil prices between 1984 ...

Geert Hofstede’s five-dimensional framework is widely used in social sciences and management science to characterize cultures. It has been suggested to build culturally consistent agent characters based on his framework. This chapter stresses the relevance of culture and trust for trade, substantiates why a dimensional model offers a good basis for cultural differentiation of agents, and presen...

As discussed earlier, these scenarios are of two types: fixed form (manually developed) and parameter driven (expert system) For the fixed form scenarios, users need only select the scenario, and the transaction procedure is determined. For parameter driven scenarios, a user-dialog is needed to determine the situational characteristics. As with other aspects of contract negotiation, this will p...

A majority of electronic bartering transactions is carried out via online platforms. Typically, these platforms require users to disclose sensitive information about their trade capabilities which might restrict their room for negotiation. It is in this context that we propose a novel decentralized and privacy-preserving bartering protocol for multiple parties that offers the same privacy guara...

Supply Chain Management is an important deal between suppliers and customers which lead to the customer negotiation of prices at varying rates. Designing an effective strategy for bidding customer orders is also an intricate problem due to intense competition in fast changing market environment. With increasing technological advancement the trade environment has become more sophisticated and so...

We study decentralized markets involving producers and consumers that are facilitated by middlemen. We do this by analyzing a non-cooperative networked bargaining game. We assume a complete information set-up wherein all the agents know the structure of the network, the values of the consumers and the transaction costs involved but allow for some search friction when either producers or consume...

Negotiation is considered 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 point allocation and heuristics to advise upon structuring the mediation process and provides solutions based...