Abstract | ||
---|---|---|
The fundamental paradigm shift from traditional value chains to agile service value networks implies new economic and organizational
challenges. As coordination mechanisms, auctions have proven to perform quite well in situations where intangible and heterogeneous
goods are traded. Nevertheless, traditional approaches in the area of multidimensional combinatorial auctions are not quite
suitable to enable the trade of composite services. A flawless service execution and therefore the requester’s valuation highly
depends on the accurate sequence of the functional parts of the composition, meaning that in contrary to service bundles,
composite services only generate value through a valid order of their components. The authors present an abstract model as
a formalization of service value networks. The model comprehends a graph-based mechanism implementation to allocate multidimensional
service offers within the network, to impose penalties for non-performance and to determine prices for complex services. The
mechanism and the bidding language support various types of QoS attributes and their (semantic) aggregation. It is analytically
shown that this variant is incentive compatible with respect to all dimensions of the service offer (quality and price). Based
on these results, the authors numerically analyze strategic behavior of participating service providers regarding possible
collusion strategies. |
Year | DOI | Venue |
---|---|---|
2009 | 10.1007/s12599-009-0070-3 | Business & Information Systems Engineering |
Keywords | Field | DocType |
paradigm shift,incentive compatibility,value chain,semantics,service provider,mechanism design,combinatorial auction | Data mining,Service level objective,Computer science,Combinatorial auction,Service system,Quality of service,Service provider,Common value auction,Bidding,Value network | Journal |
Volume | Issue | ISSN |
1 | 5 | 1867-0202 |
Citations | PageRank | References |
10 | 0.67 | 18 |
Authors | ||
6 |
Name | Order | Citations | PageRank |
---|---|---|---|
Benjamin Blau | 1 | 257 | 17.01 |
Clemens Van Dinther | 2 | 82 | 9.47 |
Tobias Conte | 3 | 79 | 10.26 |
Yongchun Xu | 4 | 38 | 7.88 |
Christof Weinhardt | 5 | 985 | 141.98 |
Wirt Benjamin Blau | 6 | 10 | 0.67 |