In this paper we present an XML-based multi-agent system, called Multi Agent System for Traders (MAST), that supports several Business-to-Customer e-Commerce activities, including advertisements and payments. MAST helps both customers and merchants in performing their tasks by using a personalized approach. MAST’s e-payment model avoids exchanging sensitive information, reinforcing trust betwee...

This paper investigates the market structure of the payment card market with consumers and merchants basing their subscription decisions on various information sets. We find that the market structure depends crucially on this information set, where we observe that a market with few cards dominating only emerges when decisions are based on very limited information. For more complete information ...

We discuss the relations between welfare enhancing price discrimination and privacy enhancing technologies, and the possible drivers of consumers’ and merchants’ acceptance of those technologies.

In this paper, we look at the prospects for mobilization of the wealthy to contest widening income inequality. We begin by looking at members of an organization that supports the mobilization of grassroots groups on behalf of economic justice. We found among its members an “unexpected voice” – the voice of wealthy people grappling with their fairly invisible wealth and their own surprise that i...

AKKI (Association of Indonesian Credit Card Issuers) is an organization that aims to build a healthy credit card industry and responsible for Issuers, Cardholders, Merchants, Principals (American Express, JCB International, MasterCard International Visa International) other parties related. in collaboration with its members also builds sound safe infrastructure. currently has 24 issuing institu...

money and the way people spend it may cause lots of tension among family members; therefore, it is important to concentrate on money and the way it is spent. this article aims to address how women and men treat money as well as their differences and similarities. a mixed method (field research and survey) was designed to answer this question. qualitative data was gathered by using semi structur...

The VC industry provides an excellent example for that is based on the ability to bring together ideas and high-risk capital in a process generates value. Of particular interest case where entrepreneurs reside one country investors another country. There are two types of benefits. first type benefits depends success young innovative technology firms. second total flow from investment takes plac...

there are various ways for estimating velocity of money in economic literature and each has its own specific weaknesses and strengths. particularly, since a great deal of financial innovations and changes have recently taken place affecting the velocity of money, many traditional methods can no langer calculate the equilibrium velocity of money, and they are no longer dependable from the econom...

This paper examines the effect of income and wealth heterogeneity in the voluntary provision of a linear public good. We use models of inequality aversion and altruism to predict behavior in our setting. Our results are not consistent with these models, however; our experimental results suggest that less wealthy subjects give the same absolute amount (and more as a percentage of their income) a...

Can evolutionary psychology explain human behavior in postindustrial societies? Critics point out that, contrary to its prediction, wealthy men in contemporary societies do not have more children than poor men. I replicate Pérusse’s (1993) finding with a large, representative sample and demonstrate that, while they do not have more children, wealthy men nonetheless have more sex partners and co...