Electronic markets and especially online auctions gain more and more importance and a plethora of market mechanisms is emerging on the Internet. The great variety of trading rules hinders agents easily switching between different marketplaces and, therefore, fragments the overall market - supply...

Forecasting markets are a promising approach for predicting future events. The basic idea of a forecasting market is to trade virtual stocks whose final value is tied to a particular future event. The market prices can then be interpreted as predictions of the probability of those future events....

Im folgenden Beitrag berichten die Autoren Stefan Luckner, Markus Müller, Dominik Räder, Christof Squarr und Marc Wewers über ein zweimonatiges Softwareprojekt im Rahmen ihrees Wirtschaftsinformatikstudiums an der Otto-Friedrich-Universität Bamberg. Neben der Beschreibung des entwickelten...

Web Services and Peer-to-Peer are two concepts for distributed computing which gained much attention within the academic community. The former one was developed with the intention to provide interoperability within heterogeneous environments. The latter one offers a paradigm where resources are...

In coordination theory, markets stand for flexibility and dynamics. Today’s implementations of electronic marketplaces, however, limit the flexibility in a sense that processes along the market transaction are rigid and the provided functions proprietary. In order to further foster flexibility...

The results of recent studies on prediction markets are encouraging. Prior experience demonstrates that markets with different incentive schemes predicted uncertain future events remarkably accurately. In this paper, we study the impact of different monetary incentives on prediction accuracy in...