Simulation for Business Engineering of Electronic Markets

2011 ◽  
pp. 163-169
Author(s):  
Marijn Janssen ◽  
Henk G. Sol
Keyword(s):  
Information Systems ◽  
Discrete Event ◽  
Electronic Markets ◽  
Simulation Approach ◽  
Agent Based Simulation ◽  
Agent Based ◽  
Market Structures ◽  
Information And Communication ◽  
Business Engineering ◽  
Insight Into

Developments in Information and Communication Technology (ICT) enable information systems to intermediate between sellers and buyers in electronic markets (e-markets). A business engineering methodology can be of help to design and develop e-markets by providing insight into current market and potential e-market structures, matching mechanisms and processes, and by evaluating the implications of e-markets. In this chapter, a first concept of an interactive, discrete-event, agent-based simulation approach for the analyses and design of e-markets is presented and evaluated.

Simulation for Business Engineering of Electronic Markets

2005 ◽  
pp. 2503-2507
Author(s):  
Marijn Janssen
Keyword(s):  
Information Systems ◽  
Communication Technology ◽  
Electronic Markets ◽  
Electronic Data Interchange ◽  
Structured Data ◽  
Interorganizational Information Systems ◽  
Data Interchange ◽  
Information And Communication ◽  
Closed Systems ◽  
Business Engineering

Information and communication technology (ICT) is applied to support the creation of electronic markets (e-markets). Electronic data interchange (EDI) is the exchange of structured data between information systems of different organizations. EDI is often considered as the first step towards e-markets. In the course of time EDI was extended and interorganizational information systems (IOS) were used to create electronic marketplaces. IOS serve as intermediaries between buyers and sellers. Probably the most well known examples of IOSs are airline reservation systems, which are closed systems having typically a limited number of participants.

The Effect of Merger and Acquisitions on the IS Function

2012 ◽  
pp. 157-168
Author(s):  
Andrea Genovese ◽  
Khole Gwebu ◽  
Barry Shore ◽  
Sebastian Titz ◽  
Venky Venkatachalam ◽  
...  
Keyword(s):  
Information Systems ◽  
Social System ◽  
Cost Savings ◽  
Merger And Acquisition ◽  
Integration Process ◽  
Agent Based Simulation ◽  
Agent Based ◽  
Efficient Information ◽  
Merger And Acquisitions ◽  
Major Factors

Merger and acquisition (M&A) activity has many strategic and operational objectives. One operational objective is to develop common and efficient information systems that can be the source of creating significant cost savings for the joined companies. In combining the IS divisions of the acquiring firm with that of the acquired firm there are many hurdles when the technical and social system are to be integrated. Exactly how this process will evolve and exactly what results can be achieved is hard to determine. This chapter identifies some of the major factors associated with the integration process and proposes Agent Based Simulation as a possible methodology to study this phenomenon.

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