Electronic Service Markets

The term „Electronic Service Market“ (ESM) can be decomposed into the parts „market“, „service“ and „electronic“, i.e., the allocation mechanism of the market is used to co-ordinate service utilisation in a computer-supported way. This definition restricts that for electronic markets from [Schm93] to the provision and consumption of on-line available services. In an ESM, all transaction phases should be supported. This article motivates an ESM architecture and illustrates these design goals by taking pattern from the EU-funded Project OSM that Hamburg University participates in.