Related papers: Modelling Legal Contracts as Processes
We regard explanations as a blending of the input sample and the model's output and offer a few definitions that capture various desired properties of the function that generates these explanations. We study the links between these…
In cooperative human decision-making, agreements are often not total; a partial degree of agreement is sufficient to commit to a decision and move on, as long as one is somewhat confident that the involved parties are likely to stand by…
In the conventional principal-agent problem, a principal delegates a task to an agent and formulates a contract to incentivize the agent's actions on behalf of the principal. However, this framework overlooks the information that is…
The presented work proposes a novel approach to model the citation rate. The paper begins with a brief introduction into informetrics studies and highlights drawbacks of the contemporary approaches to modeling the citation process as a…
Implementing smart contracts to automate the performance of high-value over-the-counter (OTC) financial derivatives is a formidable challenge. Due to the regulatory framework and the scale of financial risk if a contract were to go wrong,…
In Contract Life-cycle Management (CLM), managing and tracking the master agreements and their associated amendments is essential, in order to be kept informed with different due dates and obligations. An automatic solution can facilitate…
Procurement refers to a process resulting in delivery of goods or services within a set time period. The process includes aspects of purchasing, specifications to be met, and solicitation notifications as in the case of Request For…
Contracts and contract monitoring are a powerful mechanism for specifying properties and guaranteeing them at run time. However, run time monitoring of contracts imposes a significant overhead. The execution time is impacted by the…
Legal contracts govern much of our society, but their specialized language is difficult for non-experts to read. While AI has enabled simplification of complex language, legal contracts pose unique challenges because of their connection to…
Studying characters plays a vital role in computationally representing and interpreting narratives. Unlike previous work, which has focused on inferring character roles, we focus on the problem of modeling their relationships. Rather than…
The development of cooperative relations within and between firms plays an important role in the successful implementation of business strategy. How to produce such relations is less well understood. We build on work in relational contract…
The introduction of Information and Communication Technologies (ICT) into public administrations has been radically changing the way organizations cooperate and, more generally, the way to think about business processes over organizational…
In this paper, we present a probabilistic adaptation of an Assume/Guarantee contract formalism. For the sake of generality, we assume that the extended state machines used in the contracts and implementations define sets of runs on a given…
Current models for software components have made component-based software engineering practical. However, these models are limited in the sense that their support for the characterization/specification of design components primarily deals…
Research on quality issues of business process models has recently begun to explore the process of creating process models by analyzing the modeler's interactions with the modeling environment. In this paper we aim to complement previous…
Organization concepts and models are increasingly being adopted for the design and specification of multi-agent systems. Agent organizations can be seen as mechanisms of social order, created to achieve global (or organizational) objectives…
A smart contract is a translation of a standard paper-based contract that can be enforced and executed by a contract management system. At a high level of abstraction, a contract is only a document that describes how the signing parties are…
Not all contracts are good, but all good contracts can be expressed as a finite-state transition system ("State-Transition Contracts"). Contracts that can be represented as State-Transition Contracts discretize fat-tailed risk to…
We consider the framework of Document Modeling, which lays the formal basis for representing the document lifecycle in Business Process Management systems. We formulate document models in the scope of the logic-based Semantic Modeling…
Smart Contract Templates support legally-enforceable smart contracts, using operational parameters to connect legal agreements to standardised code. In this paper, we explore the design landscape of potential formats for storage and…