The research group IW focuses on the challenges imposed by electronic markets and on the approaches used to meet
these challenges. Our vision is to apply a well-defined and structured engineering process to create new markets
and to re-engineer existing markets. The methodology of Market Engineering is a very promising way to design and
implement new possible market structures combining the disciplines of economics, informatics and law. The basis
for a deeper understanding of the research field Market Engineering is established through theories, methods and
tools from these underlying disciplines.
Within recent years, several new research projects have been initiated in cooperation with partners from industry
and research. Several theories, methods and tools are applied to analyze coordination mechanisms in electronic
markets, regard self-organizing and spontaneous markets, implement complex and dynamic organizations (eOrganisation)
and develop innovative and intelligent information services. As a result, a variety of software prototypes has
been conceived and implemented for various application domains such as finance, logistics, eCommerce and energy.
Project research is made possible through a close collaboration between the institute and organizations and companies
from industry and research. This relationship ensures the transfer of technology and knowledge between the IW
and its partners. As a result, several new research projects have been initiated and a variety of software prototypes
have been developed and implemented. Two examples of current research cooperations between the IW and industry
and research include the project SESAM as part of the bmb+f internet economy research program, as well as the
Graduate School for IME founded by the DFG.
The financial support and academic cooperation between a number of respected organizations from industry and academia
is remarkable. Within this network, all participants contribute expertise, energy, and encouragement – the basis
for excellence in research. We sincerely thank our partners and look forward to continued and enriching partnerships.