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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Virtual Organization Support through Electronic Institutions and Normative Multi-Agent Systems

Virtual Organization Support through Electronic Institutions and Normative Multi-Agent Systems
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Author(s): H. L. Cardoso (University of Porto, Portugal)
Copyright: 2007
Pages: 20
Source title: Handbook of Research on Nature-Inspired Computing for Economics and Management
Source Author(s)/Editor(s): Jean-Philippe Rennard (Grenoble Graduate School of Business, France)
DOI: 10.4018/978-1-59140-984-7.ch051

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Abstract

The multi-agent system (MAS) paradigm has become a prominent approach in distributed artificial intelligence. Many real-world applications of MAS require ensuring cooperative outcomes in scenarios populated with self-interested agents. Following this concern, a strong research emphasis has been given recently to normative MAS. A major application area of MAS technology is e-business automation, including the establishment and operation of business relationships and the formation of virtual organizations (VOs). One of the key factors influencing the adoption of agent-based approaches in real-world business scenarios is trust. The concept of an electronic institution (EI) has been proposed as a means to provide a regulated and trustable environment, by enforcing norms of behavior and by providing specific services for smooth inter-operability. This chapter exposes our work towards the development of an agent-based EI providing a virtual normative environment that assists and regulates the creation and operation of VOs through contract-related services. It includes a presentation of the EI framework, knowledge representation structures for norms in contracts, and a description of two main institutional services, namely negotiation mediation and contract monitoring.

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