• Title/Summary/Keyword: Negotiation

Search Result 896, Processing Time 0.027 seconds

Legal Status of Negotiating Banks of Documentary Letter of Credit (신용장 매입은행의 법적지위)

  • HEO, Hai-Kwan
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.76
    • /
    • pp.77-101
    • /
    • 2017
  • This article provides the definitions of the negotiation of credit, the negotiating bank and the negotiation credit. It further describes a number of legal status of negotiating banks by looking into the legal relations firstly between the beneficiary and the negotiating bank and secondly between the issuing bank and the negotiating bank. This study is in large part based on relevant provisions of UCP 600 and decisions of the Supreme court of South Korea. Under UCP 600 the definition of negotiation requires the purchase by the nominated negotiating bank of the required documents by advancing funds on or before the banking day on which reimbursement is due to the negotiating bank. A negotiation credit authorizes the negotiating bank who is a nominated bank to purchase from the beneficiary the documents required by the letter of credit and to present those documents to the issuing bank for reimbursement. If the credit is to be honoured at sight, reimbursement is due when the issuing bank determines that there has been a conforming presentation. Reimbursement under a letter of credit available by acceptance or by deferred payment is due at maturity of the credit. In particular, while the timing of advance by the nominated negotiating bank is up to the parties, a promise of the negotiating bank to advance the purchase price to a fraudulent beneficiary does not confer immunity from letter-of-credit fraud prior to its performance. This requires the negotiating bank who is notified of material fraud prior to making an advance to beneficiary to avoid a loss by using the fraud.

  • PDF

Methodology for Automate Negotiation for Order Transaction of Injection Mold Manufacturer (사출금형제조업체의 주문처리를 위한 자동협상방법론)

  • 박영재;최형림
    • Journal of Intelligence and Information Systems
    • /
    • v.10 no.1
    • /
    • pp.47-63
    • /
    • 2004
  • Today, there are several markets in cyber space where companies trade electronically due to the development of Information Technology. On the other hand, the most important thing in trades is negotiation. So, in order to support current business practices as well as new ones on the Internet, electronic commerce systems need an ability to negotiate. In this paper, proposed is a method by which a seller can be supported by an agent which plays a role in negotiation process among small and medium companies especially injection mold manufacturer. If the manufacturing capacity cannot afford to produce all orders, the manufacturer may want to extend due dates and the buyers may want to discount prices. The negotiation agent discussed in this paper cooperates with the schedule agent to get due-date information, and performs a role in one (seller)-to-many (buyer) negotiation processes.

  • PDF

A Negotiation Mechanism for BDI Agents in Distributed Cooperative Environments (협동적인 분산 환경에서 BDI 에이전트를 위한 협상 기법)

  • Lee, Myung-Jin;Kim, Jin-Sang
    • Journal of the Korean Institute of Intelligent Systems
    • /
    • v.13 no.2
    • /
    • pp.192-199
    • /
    • 2003
  • Agents in multi-agent systems (MAS ) are required to achieve their own goals. An agent s goal, however, can conflict with others either when agents compete with each other to achieve a common goal or when they have to use a set of limited resources to accomplish agents divergent goals. In either case, agents need to be designed to reach a mutual acceptable state where they can avoid any goal conflicts through negotiation with others to achieve their goals. In this paper, we consider a BDI agent architecture where belief, desire, and intention are the three major components for agents mental attitudes and represent resource-bounded BDI agents in logic programming framework. We propose a negotiation algorithm for BDI agents solving their problems without goal conflicts in distributed cooperative environments. Finally, we describe a simple scenario to show the effectiveness of the negotiation algorithm implemented in a negotiation meta-language.

Relationships between Leisure Constraint, Leisure Constraint Negotiation, Participation for Chinese Students Studying in Korea (중국인 유학생의 여가제약, 여가제약 협상 및 여가참가의 관계)

  • Kim, Jong-Ho;Jo, Woog-Yeon;Xing, Cao;Hwang, Sun-Hwan
    • The Journal of the Korea Contents Association
    • /
    • v.11 no.8
    • /
    • pp.428-437
    • /
    • 2011
  • The purpose of this study was to explore the relationships between leisure constraint, leisure constraint negotiation and leisure participation of Chinese students studying in Korea. A total of 210 respondents, participating in the athletic competition for Chinese students, were selected to conduct this study, using the purposive sampling method. Finally, 194 surveys except 17 respondents, were used for this study. The reliability of the questionnaire was analyzed using Cronbach's ${\alpha}$ with SPSS 18.0 and the Simple Regression Analysis and Multiple Regression Analysis were conducted. As a result, Main findings were as follows; First, leisure constraint had a positive relationship with leisure constraint negotiation. Specifically, leisure constraint had an influence on 'leisure activity partner search' and 'leisure activity intensity control effort' out of leisure constraint negotiation strategies. Second, leisure constraint had a negative relationship with leisure participation. Third, leisure constraint negotiation had no significant influence on leisure participation.

Design of Multi-Attribute Agent-Mediated Electronic Commerce Negotiation Model and its Framework (다중변소 기반 에이전트 중재 전자상거래 협상 모델 및 프레임워크 설계)

  • Chung, Mokdong
    • Journal of KIISE:Software and Applications
    • /
    • v.28 no.11
    • /
    • pp.842-854
    • /
    • 2001
  • Today\`s first generation shopping agent is limited to comparing merchant offerings usually on price instead of their full range of attributes. Even in the full range comparison, there is not a good model which considers the overall features in the negotiation process. Therefore, the negotiation model needs to be extended to include negotiations over the more attributes. In this paper, we propose a negotiation model in the agent-mediated electronic commerce to negotiate over prices, product features, warranties and service policies based on utility theory and simple heuristics. We will describe a prototype agent-mediated electronic commerce framework called Pmart. This framework provides the software reuse and the extensibility based on the object-oriented technology. It is implemented on Windows-based platforms using Java and CORBA for the network transparency and platform independence.

  • PDF

Agent-based System for Complex Decision Making and Negotiation: Application to Virtual Manufacturing (복잡한 의사결정과 협상 환경을 위한 에이전트 기반 시스템: 가상생산 응용)

  • Lee, Kyoung-Jun;Chang, Yong-Sik;Choi, Hyung-Rim;Kim, Hyun-Soo;Park, Young-Jae;Park, Byung-Joo
    • Information Systems Review
    • /
    • v.4 no.2
    • /
    • pp.223-236
    • /
    • 2002
  • In an agent-based system, each agent has its own decision making capability and competes, cooperates, and communicates each other with an agent interface. Virtual manufacturing has characteristics as a typical application area of agent-based system: complex and time-bound decision making and negotiation. The time-boundness influences the choice of decision making models and design of protocols for internal and external negotiation. In this paper, we provide a case study which suggests a time-bound framework for external and internal negotiation between the agents for virtual manufacturing environment. We illustrate decision making model selection strategy and the system architecture of the agent-based system for the complex and time-bound environment.

The Effect of Cultural Predictors on Perceived Ethicality of Negotiation Behavior A Comparison of 'Chemyon' and Hofstede's Cultural Dimensions (문화 변수가 협상 윤리에 미치는 영향 '체면'과 홉스테드 변수의 비교)

  • Kim, Yung-Wook;Yang, Jung-Eun
    • Korean journal of communication and information
    • /
    • v.46
    • /
    • pp.212-244
    • /
    • 2009
  • This study examined the effects of cultural factors and demographic factors on the perceived appropriateness and likelihood of using five categories of inappropriate negotiation strategies. Five categories of inappropriate negotiation strategies consist of traditional competitive bargaining, attacking opponent's network, false promises, misrepresentation of information and inappropriate information gathering. Two kinds of cultural variables, Hofstede's cultural dimensions and 'Chemyon' dimensions were used as universal, etic variables versus indigenous, emic variables. Survey result shows age and gender had significant effects only for traditional competitive bargaining, but gender and personal negotiation style did not have any effects for the inappropriate strategies. Hofstede's dimensions as well as Chemyon dimensions had significant effect for perceived inappropriateness and likelihood of using inappropriate strategies. While both Chemyon and Hofstede's dimensions were significant, Chemyon accounted for more variance than Hofstede dimensions in most cases. This suggests Chemyon's vital role in explaining Korean negotiators' perception and attitude towards inappropriate negotiation strategies. Implications of the results and future research are discussed.

  • PDF

Design of MBB System for provide Mobility continuity in Environment IPSec (IPSec 환경에서 연속적인 이동성 제공을 위한 MBB 시스템 설계)

  • Kim, Seon-Young;Jo, In-June
    • Journal of the Korea Institute of Information and Communication Engineering
    • /
    • v.12 no.3
    • /
    • pp.478-484
    • /
    • 2008
  • When a mobile node moves, MIPv6 operates an authentication process for the new connection. These kinds of frequent binding update and authentication processes cause much traffic and delay the service. To solve this problem, PMIPv6 provides a network-based mobility protocol in order to lessen the load on a mobile node. However, when it is moved from a domain to a domain or in a domain, there still lies a need fDr a new address, so MIPv6's demerit still exists. In IPsec, too, a new negotiation should be made when it is moved to WAN(Wide Area Network). This causes load to the mobile node. In this paper suggests MBB(Make Before Break) system to eliminate disconnections or delays resulted from the address change or renegotiation for security. When the mobile node receives a CoA address, IPsec negotiation gets operated. Its identity is authenticated by sending the identifier used for the prior negotiation to CN(Correspondent Node) through the BID message suggested. After that, negotiation Bets simplified that disconnections can be eliminated, and in the IPsec negotiation, the load on the mobile node can be lessened as well; moreover, two addresses are used for the communication simultaneously, so the probability of packet loss can be reduced.

Proposals and Passages of the Legislators' Bills in the 17th Assembly: Committee Preference and Negotiation Group Affiliation (17대 국회의원의 법안 발의와 처리결과: 국회의원의 상임위원회 선호도와 교섭단체 소속여부를 중심으로)

  • Park, Kyung-Mee
    • Korean Journal of Legislative Studies
    • /
    • v.15 no.2
    • /
    • pp.159-185
    • /
    • 2009
  • This study aims to examine whether committee preference and negotiation group affiliation have an effect on proposals and passages of legislators' bills. Previous studies points out predominances and reflections of partisan interests, but analytic result shows legislators' preferences work on introductions and passages of bills through committee and negotiation group as assembly institutions. The rates of proposals and passages were high in the committee that legislators would like to belong to. The same result was found in negotiation group affiliation. However, active activities of legislators works in only their committees, not in a general meeting. This result shows that committee and negotiation group are significant institutions of national assembly.

Study on Changes in Military Negotiations under the Kim Jeong-eun Regime through Working-Level Talks for Gaeseong Industrial Complex (김정은시대 개성공단 실무회담 분석을 통한 군사협상 변화 연구)

  • Lee, Sung Choon
    • Convergence Security Journal
    • /
    • v.13 no.5
    • /
    • pp.3-10
    • /
    • 2013
  • This study is trying to suggest the continuity and changes that would be made in inter-Korean military negotiations in the future under the Kim Jeong-eun regime by analyzing the recent inter-Korean Working-Level Talks for Gaeseong Industrial Complex based on 'anti-Japanese guerilla style negotiation model, the military negotiation model under Kim Jeong-il era. Especially, through analysis of the inter-Korean Working-Level Talks for Gaeseong Industrial Complex, it is verified that behavior similar to that in the military talks in the past is found even in the economic negotiations. Such analysis leads to an assumption that negotiations under the Kim Jeong-eun regime would be made within the category of the military negotiations under the Kim Jeong-il era. Fundamentally North Korea will change but try to achieve its objectives in the military talks within the existing frame of strategic culture rather than changing it. Such phenomenon will continue for some time. In the future inter-Korean military talks, however, North Korea will try to change its behavior to cope with its financial difficulties. Accordingly, the South Korea's government will have to have paradigm shift toward inter-Korean military negotiations. Especially, Kim Jeong-eun's studying abroad in the past will make him change in the negotiations. At this moment, the South Korean government must make continuous efforts to induce dialogue and negotiation. In order to induce the North Korea to change, the development of economic norm logic with the united front applied in the strategic culture of military negotiation and the formation of a value system in the North Korea's military negotiation policy makers will lead to the creation of a new military negotiation framework.