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...

Introduction: The construction and infrastructure industries in Egypt have recently experienced huge growth, which of course requires methodical planning, full feasibility studies, wise selections project executors' teams, including engineering design offices, management agencies, contracting firms. Consequently, to guarantee achieving the predetermined designs objectives, a careful assessment ...

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...