Microscopic Chemically Reactive Electronic Agents

Author(s):  
John S. McCaskill
Keyword(s):  
2002 ◽  
Vol 39 (4) ◽  
pp. 488-497 ◽  
Author(s):  
Alan D.J. Cooke ◽  
Harish Sujan ◽  
Mita Sujan ◽  
Barton A. Weitz

Electronic agents have the capacity to help consumers discover new products and generate demand for unfamiliar products. This article explores how consumers respond to recommendations of unfamiliar products made by electronic agents. Two studies using simulated music shopping agents show that (1) additional recommendations of familiar products serve as a context in which unfamiliar recommendations are evaluated; (2) when the presentation of the recommendations makes unfamiliar and familiar products appear similar, evaluative assimilation results; and (3) when additional information about unfamiliar products is given, consumers discriminate them from the familiar products, which produces evaluative contrast. These results establish that information that leads to higher evaluations when context is absent can lead to contrast and lower evaluations in the presence of attractive contextual recommendations.


2014 ◽  
Vol 1 (2) ◽  
pp. 191
Author(s):  
Lathifah Hanim

Globalization's impact on the development of technological advances free trade between countries. through international trade spawned free trade rules and more focus on the development of a free market, quickly in a life without limits. The realization of the consequences of free trade globalization is the emergence of the phenomenon of Electronic Commerce. The research method used is normative juridical. legal research literature is legal research conducted by examining the library materials or secondary data. The results obtained that legal protection for parties in e-commerce as a result of economic globalization include the two sides are in agreement and outside the Agreement, as well as E-Commerce Transactions settings in Act No. 11 of 2008 can be described as the need for the existence of an Institution Certification Reliability to certify to the party who will conduct electronic transactions (Article 10); Setting the implementation of the Electronic Transactions (Article 17 Paragraph (3)); Regulation on Electronic Contract for Electronic Transactions (Article 18 Paragraph (1)); Dispute Resolution on Electronic Transactions (Article 18, Paragraph (3)); Electronic system as a system implementation Electronic Transactions (Article 19); Regulation on Electronic Agents as intermediaries in Electronic Transactions (Article 21 and 22).


Author(s):  
Roumen Vragov

The use of computer algorithms by human traders in markets has been steadily increasing. These electronic agents or proxies vary in terms of purpose and complexity, however, most of them first require some input on the part of the human trader and then perform the rest of the trading task autonomously. This paper proposes a theoretical model of human behavior that can be used to detect behavioral biases in commodity markets populated by humans and electronic proxies. The model's predictions are tested with the help of laboratory experiments with economically-motivated human subjects. Results suggests that the usefulness of automated trading is initially diminished by behavioral biases arising from attitudes towards technology. In some cases, the biases disappear with experience and in others they do not.


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