36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings最新文献
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.39
Anna Sell, John S. Jeansson, Miralem Helmefalk, Hans Allmér, L. Marcusson
Biological ecosystems and related concepts are well known and have been used for a long time, also outside of the ecology context. In this conceptual paper, we explore the use of biological ecosystem concepts as a new lens to understand and analyze information systems. We propose that applying a frame of reference from a different discipline enriches information systems analysis in several ways, firstly through broadening the perspective of information systems, secondly by offering connections to phenomena and areas that were previously outside of the scope of the information system, and lastly through offering a new viewpoint on actors, roles and functions within an information system. Further research is needed to deepen our understanding of the information system ecosystem and apply this approach to other business activities.
{"title":"Conceptualizing Information Systems as Biological Ecosystems - A ”New” Vocabulary for Speaking of Information Systems","authors":"Anna Sell, John S. Jeansson, Miralem Helmefalk, Hans Allmér, L. Marcusson","doi":"10.18690/um.fov.6.2023.39","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.39","url":null,"abstract":"Biological ecosystems and related concepts are well known and have been used for a long time, also outside of the ecology context. In this conceptual paper, we explore the use of biological ecosystem concepts as a new lens to understand and analyze information systems. We propose that applying a frame of reference from a different discipline enriches information systems analysis in several ways, firstly through broadening the perspective of information systems, secondly by offering connections to phenomena and areas that were previously outside of the scope of the information system, and lastly through offering a new viewpoint on actors, roles and functions within an information system. Further research is needed to deepen our understanding of the information system ecosystem and apply this approach to other business activities.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"77 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.20
Matilda Holkkola, Tiina Paananen, Lauri Frank, Tiina Kemppainen, Markus Makkonen
In this qualitative study, we investigate how customers perceive QR codes enhancing their customer experience (CX) in the brick-and-mortar (B&M) store environment. Introducing QR codes to B&M stores is a part of the larger phenomenon of retailers creating omnichannel CXs by utilizing digital and cyber-physical elements in B&M stores. To collect data from real customers’ CXs, we displayed QR codes in a Finnish fashion brand’s B&M store and interviewed customers who had authentically visited the store. The QR codes displayed in the store were linked to a product information page on the brand’s online store, a brand ambassador’s Instagram posts, and an online survey. The data consist of 15 individual semi-structured thematic interviews of customers aged under 50 years. By conducting qualitative content analysis, we found six main advantages (i.e., interestingness, informativeness, usability, attractiveness, interaction, and innovativeness) and 14 subgroups of QR codes’ advantages in enhancing the CX.
{"title":"How Do QR Codes Enhance Customer Experience? Omnichannel Customer Experiences in a Brick-and-Mortar Fashion Store","authors":"Matilda Holkkola, Tiina Paananen, Lauri Frank, Tiina Kemppainen, Markus Makkonen","doi":"10.18690/um.fov.6.2023.20","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.20","url":null,"abstract":"In this qualitative study, we investigate how customers perceive QR codes enhancing their customer experience (CX) in the brick-and-mortar (B&M) store environment. Introducing QR codes to B&M stores is a part of the larger phenomenon of retailers creating omnichannel CXs by utilizing digital and cyber-physical elements in B&M stores. To collect data from real customers’ CXs, we displayed QR codes in a Finnish fashion brand’s B&M store and interviewed customers who had authentically visited the store. The QR codes displayed in the store were linked to a product information page on the brand’s online store, a brand ambassador’s Instagram posts, and an online survey. The data consist of 15 individual semi-structured thematic interviews of customers aged under 50 years. By conducting qualitative content analysis, we found six main advantages (i.e., interestingness, informativeness, usability, attractiveness, interaction, and innovativeness) and 14 subgroups of QR codes’ advantages in enhancing the CX.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"55 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article explores digitalisation’s potential to change traditional business models in the context of RoPax (roll-on, roll-off passenger vessels) ports in four Northern European countries. The study examines digitalisation’s role in addressing business model change drivers, focusing on the perspective of port authorities (PAs). While digitalisation slowly affects operations at RoPax ports and PAs’ business models, the research data exhibits no radical business model innovation. Instead, the findings indicate that PAs introduce new digitalisation and business activities, potentially leading to business model renewal. However, the current digitalisation is inefficient, as technology providers lack an in-depth understanding of the port business and its ecosystem, and PAs have scarce knowledge of digitalisation’s business impact. The article concludes that connecting digitalisation strongly to the business model and strategic renewal is the way to overcome this challenge.
{"title":"The Role of Digitalisation in Changing the Business Models in Logistics: Case of RoPax Ports","authors":"Yiran Chen, Anastasia Tsvetkova, Kristel Edelman, Irina Wahlström, Marikka Heikkilä, Magnus Hellström","doi":"10.18690/um.fov.6.2023.4","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.4","url":null,"abstract":"This article explores digitalisation’s potential to change traditional business models in the context of RoPax (roll-on, roll-off passenger vessels) ports in four Northern European countries. The study examines digitalisation’s role in addressing business model change drivers, focusing on the perspective of port authorities (PAs). While digitalisation slowly affects operations at RoPax ports and PAs’ business models, the research data exhibits no radical business model innovation. Instead, the findings indicate that PAs introduce new digitalisation and business activities, potentially leading to business model renewal. However, the current digitalisation is inefficient, as technology providers lack an in-depth understanding of the port business and its ecosystem, and PAs have scarce knowledge of digitalisation’s business impact. The article concludes that connecting digitalisation strongly to the business model and strategic renewal is the way to overcome this challenge.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"7 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182297","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.1
N. Bartels, Matthias Koch, Jaap Gordijn
Platform business models like Uber Ride or Airbnb Lodging enable innovative business models by operating digital platforms to connect providers and consumers of products and services in two-sided markets. A particular challenge with platform business models is designing an appropriate revenue model to capture value. This paper presents a taxonomy that classifies the different dimensions and characteristics of revenue models for platform business models. A proven taxonomy development method is used that includes a review of current literature related to platform business models. The taxonomy provides a comprehensive classification of platform revenue models and is applied to a real-life case. The results of this paper include a UML class model and a final taxonomy with 14 dimensions and 64 characteristics. The paper contributes to the design process of novel platform business models and expands the understanding of how digital platforms can generate revenues.
{"title":"Developing a Taxonomy for Revenue Models of Platform Business Models","authors":"N. Bartels, Matthias Koch, Jaap Gordijn","doi":"10.18690/um.fov.6.2023.1","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.1","url":null,"abstract":"Platform business models like Uber Ride or Airbnb Lodging enable innovative business models by operating digital platforms to connect providers and consumers of products and services in two-sided markets. A particular challenge with platform business models is designing an appropriate revenue model to capture value. This paper presents a taxonomy that classifies the different dimensions and characteristics of revenue models for platform business models. A proven taxonomy development method is used that includes a review of current literature related to platform business models. The taxonomy provides a comprehensive classification of platform revenue models and is applied to a real-life case. The results of this paper include a UML class model and a final taxonomy with 14 dimensions and 64 characteristics. The paper contributes to the design process of novel platform business models and expands the understanding of how digital platforms can generate revenues.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"20 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.44
Joris Gresnigt, Marlies van Steenbergen
Higher education institutions play a significant role in reaching the Sustainable Development Goals (SDGs). There is however a gap between the abstract nature of SDGs and the need to integrate these in the day-to-day educational environment. This paper presents an ongoing study that reports preliminary findings regarding the integration of insights from Value Sensitive Design into frequently employed artifacts within a project-based IT educational context, with the aim of translating abstract Sustainable Development Goals into teaching practice.
{"title":"Integration of the Sustainable Development Goals in Project-Based IT Education","authors":"Joris Gresnigt, Marlies van Steenbergen","doi":"10.18690/um.fov.6.2023.44","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.44","url":null,"abstract":"Higher education institutions play a significant role in reaching the Sustainable Development Goals (SDGs). There is however a gap between the abstract nature of SDGs and the need to integrate these in the day-to-day educational environment. This paper presents an ongoing study that reports preliminary findings regarding the integration of insights from Value Sensitive Design into frequently employed artifacts within a project-based IT educational context, with the aim of translating abstract Sustainable Development Goals into teaching practice.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"17 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.55
Neja Samar Brenčič
The Covid19 crisis situation heralded long-term changes in the way health services are provided and accessed. The standards on which these services are based, or should be based, play an important role in ensuring their quality. Telehealth should be regarded as the people centred holistic service not merely as a technological solution. In the thesis I will illuminate how the methods, the procedures and the protocols which form the service of telehealth, are just as important as the technological solution or infrastructure itself. For such understanding, standards of telehealth need to be considered throughout the service development and implementation. In the process the highest service quality can be achieved if we leverage the support of properly developed assessment tools, based on specific standards. This paper will present the disposition draft of the thesis that will propose a model for evaluating services in every phase of their evolution and implementation.
{"title":"Presentation of the Disposition Draft","authors":"Neja Samar Brenčič","doi":"10.18690/um.fov.6.2023.55","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.55","url":null,"abstract":"The Covid19 crisis situation heralded long-term changes in the way health services are provided and accessed. The standards on which these services are based, or should be based, play an important role in ensuring their quality. Telehealth should be regarded as the people centred holistic service not merely as a technological solution. In the thesis I will illuminate how the methods, the procedures and the protocols which form the service of telehealth, are just as important as the technological solution or infrastructure itself. For such understanding, standards of telehealth need to be considered throughout the service development and implementation. In the process the highest service quality can be achieved if we leverage the support of properly developed assessment tools, based on specific standards. This paper will present the disposition draft of the thesis that will propose a model for evaluating services in every phase of their evolution and implementation.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"19 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182073","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.5
A. Kokkinou, Ton van Kollenburg, Albert Mandemakers, Eric Hopstaken, Jan van Elderen
For mature organizations to engage in digital transformation, they first must engage in digitization and digitalization. Digitalization requires the organizations to possess data analytic capability: the ability to transform data into useful insights in a way that creates or maintains competitive advantage. The purpose of this study was to formulate a practical framework for the implementation of digitalization. For this, a qualitative approach was used. Relevant aspects of data analytic capability were identified, based on a review of the literature supplemented with semi-structured interviews with organizations currently implementing digitalization. With these findings a preliminary implementation framework entitled the “Data Analytic Capability Wheel” was formulated. The aspects encompassed by this framework included data quality, data analytics, IT infrastructure, processes, employee knowledge and skills, and management. Future research should refine and validate this framework and examine whether it leads to the successful implementation of DAC in organizations.
{"title":"The Data Analytic Capability Wheel: An Implementation Framework for Digitalization","authors":"A. Kokkinou, Ton van Kollenburg, Albert Mandemakers, Eric Hopstaken, Jan van Elderen","doi":"10.18690/um.fov.6.2023.5","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.5","url":null,"abstract":"For mature organizations to engage in digital transformation, they first must engage in digitization and digitalization. Digitalization requires the organizations to possess data analytic capability: the ability to transform data into useful insights in a way that creates or maintains competitive advantage. The purpose of this study was to formulate a practical framework for the implementation of digitalization. For this, a qualitative approach was used. Relevant aspects of data analytic capability were identified, based on a review of the literature supplemented with semi-structured interviews with organizations currently implementing digitalization. With these findings a preliminary implementation framework entitled the “Data Analytic Capability Wheel” was formulated. The aspects encompassed by this framework included data quality, data analytics, IT infrastructure, processes, employee knowledge and skills, and management. Future research should refine and validate this framework and examine whether it leads to the successful implementation of DAC in organizations.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"2 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.58
Blaz Gasperlin
Data is a fundamental source for any business to operate and to develop. Inefficient data management can lead to lack or a flood of data and consequently non-optimal business decisions. This is particularly evident in small and medium-sized enterprises (SMEs), which often lag behind due to limited resources (financial, human, time, knowledge). To support SMEs in understanding how to manage and utilize data effectively we propose a data maturity assessment multiple-cirteria model. Important criteria were identified from the literature and have been validated through semi-structured interviews with seven Slovenian SMEs. The results suggest some new criteria to describe the data maturity, relevant to Slovenian SMEs.
{"title":"Validation of Data Maturity Criteria for Small and Medium-Sized Enterprises","authors":"Blaz Gasperlin","doi":"10.18690/um.fov.6.2023.58","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.58","url":null,"abstract":"Data is a fundamental source for any business to operate and to develop. Inefficient data management can lead to lack or a flood of data and consequently non-optimal business decisions. This is particularly evident in small and medium-sized enterprises (SMEs), which often lag behind due to limited resources (financial, human, time, knowledge). To support SMEs in understanding how to manage and utilize data effectively we propose a data maturity assessment multiple-cirteria model. Important criteria were identified from the literature and have been validated through semi-structured interviews with seven Slovenian SMEs. The results suggest some new criteria to describe the data maturity, relevant to Slovenian SMEs.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"8 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.56
Daniel Toegl, Tim Huygh, Steven de Haes
Despite the current popularity agile project management and scaling such frameworks, there is little academic research inquiring how to scale agile frameworks to be successful at the program level. Retrospectives, are understood to play an important role in attempts to successfully adjust scaled-up project frameworks. This research studies the particular impact of such meetings as a tool to scale a known success factor from agile projects and address current gaps highlighted in recent program management literature. To better understand the impact of retrospectives, a quantitative experiment, to inquire how program value is accomplished with inter-team retrospectives, is conducted. With the proposed research design, we intend to test if there is a measurable impact on program success and efficiency by introducing inter-team retrospectives based on current approaches from the literature. This will allow to better understand and further develop the retrospective meeting design on an inter-team level within scale agile programs.
{"title":"A Quantitative Experiment: Inter-Team Retrospectives in Scaled Agile Programs","authors":"Daniel Toegl, Tim Huygh, Steven de Haes","doi":"10.18690/um.fov.6.2023.56","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.56","url":null,"abstract":"Despite the current popularity agile project management and scaling such frameworks, there is little academic research inquiring how to scale agile frameworks to be successful at the program level. Retrospectives, are understood to play an important role in attempts to successfully adjust scaled-up project frameworks. This research studies the particular impact of such meetings as a tool to scale a known success factor from agile projects and address current gaps highlighted in recent program management literature. To better understand the impact of retrospectives, a quantitative experiment, to inquire how program value is accomplished with inter-team retrospectives, is conducted. With the proposed research design, we intend to test if there is a measurable impact on program success and efficiency by introducing inter-team retrospectives based on current approaches from the literature. This will allow to better understand and further develop the retrospective meeting design on an inter-team level within scale agile programs.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"41 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-12DOI: 10.18690/um.fov.6.2023.34
Mengqiu Deng, Xiao Peng, Yang Zhao
Peer-to-peer (P2P) energy trading has been recognized as an important technology to increase the local self-consumption of photovoltaics in the local energy system. Different auction mechanisms and bidding strategies haven been investigated in previous studies. However, there has been no comparatively analysis on how different market structures influence the local energy system’s overall performance. This paper presents and compares two market structures, namely a centralized market and a decentralized market. Two pricing mechanisms in the centralized market and two bidding strategies in the decentralized market are developed. The results show that the centralized market leads to higher overall system self-consumption and profits. In the decentralized market, some electricity is directly sold to the grid due to unmatchable bids and asks. Bidding strategies based on the learning algorithm can achieve better performance compared to the random method.
{"title":"Comparative Analysis of Market Structures of p2p Energy Trading in a Local Energy System","authors":"Mengqiu Deng, Xiao Peng, Yang Zhao","doi":"10.18690/um.fov.6.2023.34","DOIUrl":"https://doi.org/10.18690/um.fov.6.2023.34","url":null,"abstract":"Peer-to-peer (P2P) energy trading has been recognized as an important technology to increase the local self-consumption of photovoltaics in the local energy system. Different auction mechanisms and bidding strategies haven been investigated in previous studies. However, there has been no comparatively analysis on how different market structures influence the local energy system’s overall performance. This paper presents and compares two market structures, namely a centralized market and a decentralized market. Two pricing mechanisms in the centralized market and two bidding strategies in the decentralized market are developed. The results show that the centralized market leads to higher overall system self-consumption and profits. In the decentralized market, some electricity is directly sold to the grid due to unmatchable bids and asks. Bidding strategies based on the learning algorithm can achieve better performance compared to the random method.","PeriodicalId":504907,"journal":{"name":"36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings","volume":"151 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139182654","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
36th Bled eConference – Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability: June 25 – 28, 2023, Bled, Slovenia, Conference Proceedings
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