In multiagent systems consisting of self-interested agents, forming a contract often requires complex, strategic thinking (Rosenschein & Zlotkin 1994, Vidal & Durfee 1996). In this abstract, we describe a stochastic contracting strategy for a utility-maximizing agent and discuss the impact of deliberation overhead on its performance.. In a contracting situation, an agent often faces many factor...

Based on the theory of system dynamics, we investigated factors influencing trust relationship between owners and PMC contractors in a Chinese management scenario, proposed effective strategies to increase level two parties. In early stages project implementation, calculative owner contractor predominated, while relational predominated middle late stages. The applicability model control configu...

in contracts to insure the implementation of contractual obligations, guarantees will obtain from promisor. with reference to the general conditions of guarantees, nature and custody of these guarantees does not have been stipulated in civil law and fidic contracts. in civil law about the analysis of the substantive guarantees, the views presented that among the most are: contract guarantee, um...

In this paper, we will present a general pattern based on contractor programming for designing a global optimization solver. This approach allows to solve problems with a wide variety of constraints. The complexity and the performance of the algorithm rely on the construction of contractors which characterize the feasible region.

Prime contractors rely heavily on subcontractor services to lower costs and increase efficiency construction projects. Subcontractors perform certain tasks that the main contractor cannot efficiently. To get a competent subcontractor, it is necessary hold selection of subcontractors. The subcontractors becomes very important in keeping pace with growth industry, so as executor requires or speci...