Author
Nicolas R. Jennings
Bio: Nicolas R. Jennings is an academic researcher. The author has contributed to research in topics: Common value auction & Market engineering. The author has an hindex of 1, co-authored 1 publications receiving 30 citations.
Topics: Common value auction, Market engineering
Papers
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Book•
01 Jan 2009
TL;DR: In this article, a selection of papers presented at the International Seminar "Negotiation and Market Engineering", held at Dagstuhl Castle, Germany, in November 2006 is presented.
Abstract: This book contains a selection of papers presented at the International Seminar "Negotiation and Market Engineering", held at Dagstuhl Castle, Germany, in November 2006. The 17 revised full papers presented in this volume were carefully selected and reviewed after the seminar. The papers deal with the complexity of negotiations, auctions, and markets as economic, social, and IT systems. The authors give a broad overview on the major issues to be addressed and the methodologies used to approach them, covering highly interdisciplinary research from computer science, economics, business administration, and mathematics.
31 citations
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275 citations
TL;DR: This paper analyses the most notable AOMs, paying attention to the support and possibilities that they offer for modelling organizational structures with different levels of complexity, to help developers to select the most appropriate methodology taking into account the social and organizational requirements of the multi-agent system to be deployed.
74 citations
TL;DR: This work surveys the economic models used in grid computing since its inception until 2010 and discusses their advantages and disadvantages and analyzes their suitability for usage in a dynamic grid environment.
55 citations
TL;DR: In this paper, the authors developed a theoretical model, based primarily on transaction costs, with which to compare the various tendering mechanisms for public-private partnership (PPP) projects.
Abstract: This article develops a theoretical model, based primarily on transaction costs, with which to compare the various tendering mechanisms for public-private partnership (PPP) projects. In particular, the model contrasts negotiated procedures with the open procedure, as defined by current European Union legislation on public tendering. The model includes both ex ante transaction costs (borne during the tendering stage) and ex post transaction costs (such as enforcement costs, renegotiation costs, and costs arising from litigation between partners) and explains the trade-off between them. The bottom line is that it is difficult to justify the extensive use of negotiated procedures in many countries.
33 citations
TL;DR: In this paper, a negotiation wizard is proposed to conduct and manage the VO negotiation process, reach agreements and commitments among partners, enclose necessary documentation, specify partners' rights and duties, etc.
Abstract: In the actual market conditions, where it is essential to rapidly respond to business opportunities that might emerge, the concept of virtual organisation (VO) appears particularly well suited. The possibility of rapidly forming a VO to respond to a business or collaboration opportunity gives companies an expression of agility and survival mechanisms in the face of market turbulence. Nevertheless, in the process of VO creation, the negotiation among partners is essential. It is of extreme importance to have an environment where all potential partners can come together and negotiate the necessary topics towards an agreement to regulate the consortium behaviour. Through this environment it should be possible to conduct and manage the VO negotiation process, reach agreements and commitments among partners, enclose necessary documentation, specify partners’ rights and duties, etc. To accomplish such environment, a negotiation wizard is proposed. An illustrative scenario of an agreement negotiation in a multic...
22 citations