Market Engineering Kartoniert (TB)

This open access book provides a broad range of insights on market engineering and information management. It covers topics like auctions stock markets electricity markets the sharing economy information and emotions in markets smart decision-making in cities and other systems and methodological approaches to conceptual modeling and taxonomy development. Overall this book is a source of inspiration for everybody working on the vision of advancing the science of engineering markets and managing information for contributing to a bright sustainable digital world. Markets are powerful and extremely efficient mechanisms for coordinating individuals' and organizations' behavior in a complex networked economy. Thus designing monitoring and regulating markets is an essential task of today's society. This task does not only derive from a purely economic point of view. Leveraging market forces can also help to tackle pressing social and environmental challenges. Moreover markets process generate and reveal information. This information is a production factor and a valuable economic asset. In an increasingly digital world it is more essential than ever to understand the life cycle of information from its creation and distribution to its use. Both markets and the flow of information should not arbitrarily emerge and develop based on individual profit-driven actors. Instead they should be engineered to serve best the whole society's goals. This motivation drives the research fields of market engineering and information management. With this book the editors and authors honor Professor Dr. Christof Weinhardt for his enormous and ongoing contribution to market engineering and information management research and practice. It was presented to him on the occasion of his sixtieth birthday in April 2021. Thank you very much Christof for so many years of cooperation support inspiration and friendship.