@inbook{dfc4688ac03e46599dbac731dcfc6a76,
title = "Individualism and Collectivism in Trade Agents",
abstract = "Agent-Based Modeling can contribute to the understanding of international trade processes. Models for the effects of culture and cultural differences on agent behavior are required for realistic agent-based simulation of international trade. This paper makes a step toward modeling of culture in agents. The focus is one of the five dimensions of culture according to Hofstede: individualism versus collectivism. The paper presents an analysis based on social science literature about national cultures. For cultural differentiation of agent behavior, rules are formulated for individualist versus collectivist agent behavior with respect to negotiations, cooperation or defection in the delivery phase of transactions, trade partner selection, and trust. Example computations demonstrate the feasibility in multi-agent simulations.",
keywords = "Culture, Deceit, Negotiation, Simulation, Trust",
author = "G.J. Hofstede and C.M. Jonker and D. Verwaart",
year = "2008",
doi = "10.1007/978-3-540-69052-8_52",
language = "English",
isbn = "9783540690450",
series = "Lecture Notes in Computer Science",
publisher = "Springer",
number = "5027",
pages = "492--501",
editor = "E. Chmielewski",
booktitle = "Lectures Notes in Artificial Intelligence",
}