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The Web and Grid services frameworks provide a promising infrastructure for cross-organizational use of online services. The use of services in large-scale and cross-organizational environments requires the negotiation of agreements that define these services. Buying at a fine granularity just when a need arises is only feasible if the costs of establishing(More)
b s t r a c t 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 and demand might fail to meet due to agents'(More)
LIMITED DISTRIBUTION NOTICE: This report has been submitted for publication outside of IBM and will probably be copyrighted if accepted for publication. It has been issued as a Research Report for early dissemination of its contents. In view of the transfer of copyright to the outside publisher, its distribution outside of IBM prior to publication should be(More)
Market engineering is the discipline of making markets work. It encompasses the use of legal frameworks, economic mechanisms, management science models, and information and communication technologies for the purposes of: (i) designing and constructing forums where goods and services can be bought and sold and (ii) providing services associated with buying(More)
In today's Internet economy, new business models emerge to respond to business opportunities that one organization alone can not exploit. Virtual organizations (VOs) are a prominent example for such models currently investigated in, e.g., collaborative engineering and aggregated services provisioning. The partner selection process is a problem that needs to(More)
A new generation of patient-driven healthcare information systems (HIS) is emerging to advance traditional healthcare services and empower patient self-responsibility. Professional approaches to develop or improve HIS exist alongside evolving individual and community-shared approaches where patients take responsibility for their health data and health.(More)
Market engineering is making markets work. Markets are information processing and information producing information systems which mediate allocation of resources within or between organizations. Setting up and operating a market in a way that it works effectively and efficiently is an art and a science. This paper outlines challenges in this(More)