So, this is a paper I wish everyone -- especially, those who have done work on advanced transaction models -- had read before embarking on their work on transactions. As it turned out, I myself came across Spheres only towards the end of our work on the ACTA. It was gratifying to note that we had not fallen prey to the original temptation of inventing yet another transaction model, but had instead developed a formal framework using which one could analyze and synthesize advanced transaction models. Since then, I have been influenced not only by the perspective offered by the concepts underlying Spheres but also by the fact that in developing these concepts, Davies was inspired by how human organizations perform their activities and share resources.
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