Die zunehmende Verbreitung von elektronischen Märkten aber auch die Fehlentwicklungen der letzten Jahre zeigen, dass eine strukturierte Vorgehensweise bei der Gestaltung und Implementierung elektronischer Märkte nicht nur sinnvoll, sondern auch notwendig ist. Ein wichtiger Schritt in diese...

Today’s financial electronic markets are a result of theremarkable development in information technology during thelast years. With the growth of electronization in financialmarkets and the establishment of new electronic tradingservices the design of the market structure moved in the focusof...

The design of electronic markets is a time consuming process and oftenproduces unpredictable results. This paper describes a component-based specification of the market microstructure parameters and their composition. In this approach, orthogonal components are defined by rules and algorithms....

The long tail phenomenon has been heavily discussed in recentyears. What has been neglected so far is its striking relevance forelectronic services. Whereas consumers expectations about informationgoods are often vague and transient, their requirements are pronouncedand specific when it comes to...

The long tail phenomenon has been heavily discussed in recent years. What has been neglected so far is its striking relevance for electronic services. Whereas consumers expectations about information goods are often vague and transient, their requirements are pronounced and specific when it...