Abstract
The design of the microstructure of electronic markets is crucial for their success. Less effort has been made in this area, especially for commodity markets. This paper illustrates five key problems of e-market design and introduces the concept of cascading dynamic market models as a promising solution to cope with most of them. Taking the multi-dimensional character of commodities into consideration, further research in this area is encouraged. Furthermore, the project ‘Electronic-Financial-Brokerage as knowledge intensive services — a generic approach’ dealing with those problems is briefly presented
The original version of this chapter was revised: The copyright line was incorrect. This has been corrected. The Erratum to this chapter is available at DOI: 10.1007/978-0-387-35617-4_48
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Neumann, D., Holtmann, C., Weltzien, H., Lattemann, C., Weinhardt, C. (2003). Towards a Generic e-Market Design. In: Monteiro, J.L., Swatman, P.M.C., Tavares, L.V. (eds) Towards the Knowledge Society. IFIP — The International Federation for Information Processing, vol 105. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-35617-4_19
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DOI: https://doi.org/10.1007/978-0-387-35617-4_19
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