Trader-Supported Information Markets - A Simulation Study

Abstract. The modern society depends on the provision and distribution of information. We observe the development of world-wide information markets. Traders play an important role in these markets, as they bring together supply and demand. In this paper, we describe a simulation study about mechanisms and rules in information markets under special consideration of the role of traders. The usefulness of simulation for market analysis is shown in selected experiments.

• Type: Conference
• Year: 2001
• Where: ECWEB
• Authors: Michael Christoffel, Thorwald Franke, Stefan Kotkamp
• Keywords: ECommerce, ECWEB 2001, Information Markets, Modern Society, World-wide Information Markets