The Logic of E-contracting The Logic of E-contracting

Equitable Risk Allocation in Construction Projects: Fuzzy Bargaining Game Approach

An equitable risk allocation between contracting parties plays a vital role in enhancing the performance of the project. This research presents a new quantitative risk allocation approach by integrating fuzzy logic and bargaining game theory. Owing to the imprecise and uncertain nature of players’ payoffs at different risk allocation strategies, fuzzy logic is implemented to determine the value...

Risk Analysis in E-commerce via Fuzzy Logic

This paper describes the development of a fuzzy decision support system (FDSS) for the assessment of risk in E-commerce (EC) development. A Web-based prototype FDSS is suggested to assist EC project managers in identifying potential EC risk factors and the corresponding project risks. A risk analysis model for EC development using a fuzzy set approach is proposed and incorporated into the FDSS....

A Model for Sharing the Costs of Uncontrollable Risks among Contracting Parties

The allocation of risks among the contracting parties in a contract is an important decision affecting the project success. Some risks in a project are uncontrollable; these are imposed to a project by external factors. Since contracting parties can neither control nor affect the occurrence of such risks, their allocation to a party would be inequitable. Therefore the cost overrun related to un...

Closing the Gaps for e-Contracting in the Cloud

Cloud computing is increasingly becoming a viable alternative for businesses large and small to outsource their service needs. Aspects of major importance in the business context are contracts between service providers and service consumers. Existing e-Contracting solutions mainly from the Grid domain can be partially re-used, but do not work well with the heterogeneity prevalent in the cloud. ...

A Fractal Non-Contracting Class of Automata Groups