The agile market engineering process model (AMEP) is built on the insight, that market design and development is a wicked problem. Electronic markets are too complex to be completely designed upfront. Instead, AMEP tries to bridge the gap between theoretic market design and practical electronic...

The research program �Information Management and Market Engineering� focuses on the analysis and the design of electronic markets. Taking a holistic view of the conceptualization and realization of solutions, the research integrates the disciplines business administration, economics,...

In this work the self-organising potential of the CATNETS allocation mechanism is described to provide a more comprehensive view on the research done in this project. The formal description of either the centralised and decentralised approach is presented. Furthermore the agents' bidding model...

In this work the self-organising potential of the CATNETS allocation mechanism is described to provide a more comprehensive view on the research done in this project. The formal description of either the centralised and decentralised approach is presented. Furthermore the agents' bidding model...

This book develops a structured methodology that allows to systematically analyze emotions in auctions. It provides a unified framework for emotional bidding in auctions, which comprises the bidders' processes of cognitive reasoning and emotional processing, and a methodology for measuring...

The fundamental paradigm shift from traditional value chains to agile service value networks (SVN) implies new economic and organizational challenges. This work provides an auction-based coordination mechanism that enables the allocation and pricing of service compositions in SVNs. The mechanism...

The international conference "Group Decision and Negotiation (GDN) 2006" aims at bringing together researchers in the areas of Group Decisions, Negotiations, and Negotiation Support Systems. Participants share a common research focus on complex decision problems, which involve multiple...

The trust-free nature of blockchain-based systems challenges the role of traditional platform providers and enables the creation of new, intermediary-free markets. Despite the growing number of such markets, the impact of the blockchain's configuration on market outcomes remains unclear. In this...

Zhan and Friedman (2007) study double auctions where buyers and sellers are constrained to using simple markdown and markup rules. In spite of the alleged symmetry in roles and assumptions, buyers are shown to have the upper hand both in the call market and in the continuous double auction. We...