Skip to main content

Individualism and Collectivism in Trade Agents

  • Conference paper
New Frontiers in Applied Artificial Intelligence (IEA/AIE 2008)

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.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Tesfatsion, L., Judd, K.L.: Handbook of Computational Economics, Agent-Based Economics, vol. 2. North-Holland, Amsterdam (2006)

    Google Scholar 

  2. Ghauri, P.N., Usunier, J.-C.: International Business Negotiations. Elsevier, Oxford (2003)

    Google Scholar 

  3. Gorobets, A., Nooteboom, B.: Agent Based Modeling of Trust Between Firms in Markets. In: Bruun, C. (ed.) AE 2006. LNEMS, vol. 584, pp. 121–132. Springer, Heidelberg (2006)

    Google Scholar 

  4. Hofstede, G.: Culture’s Consequences, 2nd edn. Sage, Thousand Oaks (2001)

    Google Scholar 

  5. Tönnies, F.: Community and society. Harper & Row, New York. Original publ. 1887 (1963)

    Google Scholar 

  6. Triandis, H.C.: Individualism and collectivism. Westview, Boulder (1995)

    Google Scholar 

  7. Minkov, M.: What makes us different and similar: a new interpretation of the World Values Survey and other cross-cultural data. Klasika I stil, Sofia (2007)

    Google Scholar 

  8. Trompenaars, F.: Riding the waves of culture: understanding cultural diversity in business. Economist Books, London (1993)

    Google Scholar 

  9. Smith, P.B., Dugan, F., Trompenaars, F.: National culture and the values of organizational employees: A dimensional analysis across 43 nations. Journal of Cross-Cultural Psychology 27, 231–246 (1996)

    Article  Google Scholar 

  10. Lu, H.: The role of guanxi in buyer-seller relationships in China. Wageningen Academic Publishers, Wageningen (2007)

    Google Scholar 

  11. Hofstede, G., McCrae, R.R.: Personality and culture revisited: linking traits and dimensions of culture. Cross-cultural research 38(1), 52–88 (2004)

    Article  Google Scholar 

  12. Hofstede, G., Hofstede, G.J.: Cultures and Organizations. McGraw Hill, New York (2005)

    Google Scholar 

  13. Meijer, S., Hofstede, G.J., Beers, G., Omta, S.W.F.: Trust and Tracing game: learning about transactions and embeddedness in a trade network. Production Planning and Control 17, 569–583 (2006)

    Article  Google Scholar 

  14. Jonker, C.M., Treur, J.: An Agent Architecture for Multi-Attribute Negotiation. In: Nebel, B. (ed.) Proceedings of the 17th International Joint Conference on AI, IJCAI 2001, pp. 1195–1201. Morgan Kaufman, San Francisco (2001)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Ngoc Thanh Nguyen Leszek Borzemski Adam Grzech Moonis Ali

Rights and permissions

Reprints and permissions

Copyright information

© 2008 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Hofstede, G.J., Jonker, C.M., Verwaart, T. (2008). Individualism and Collectivism in Trade Agents. In: Nguyen, N.T., Borzemski, L., Grzech, A., Ali, M. (eds) New Frontiers in Applied Artificial Intelligence. IEA/AIE 2008. Lecture Notes in Computer Science(), vol 5027. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-69052-8_52

Download citation

  • DOI: https://doi.org/10.1007/978-3-540-69052-8_52

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-69045-0

  • Online ISBN: 978-3-540-69052-8

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics