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BIONETS economics and business simulation: an alternative approach to quantifying the added value for distributed mobile communications and exchanges

Elaluf-Calderwood, Silvia and Dini, Paolo (2010) BIONETS economics and business simulation: an alternative approach to quantifying the added value for distributed mobile communications and exchanges. In: Altman, Eitan, Carrera, Iacopo, El-Azouzi, Rachid, Hart, Emma and Hayel, Yezekael, (eds.) Bioinspired Models of Network, Information, and Computing Systems: 4th International Conference, Bionetics 2009, Avignon, France. Lecture notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering(39). Springer, Heidelberg, Germany, pp. 77-87. ISBN 9783642128073

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Abstract

This article presents current research work on the development of BEBS (BIONETS Economic and Business Simulation Model). This model is used to illustrate how in pervasive agent-based networks dynamic agents engage in distributed mobile communication exchanges that carry a potential, non-quantified value to be determined. This value can be monetised either as advertisement or as share of revenue profit for an external content or service provider wishing to distribute information over the network. The strength of the simulation model is to enable different ways in which the value of communication events can be quantified and that are not normally considered in conventional business approaches. Our simulation can therefore facilitate the exploration and development of alternative business models based on heterodox economic perspectives such as the economics of sharing, gift economy, and economic sociology applied to mobile networks.

Item Type: Book Section
Official URL: http://www.springer.com/
Additional Information: © 2010 Institute for Computer Sciences, Social Informatics and Telecommunications Engineering
Library of Congress subject classification: H Social Sciences > HB Economic Theory
H Social Sciences > HE Transportation and Communications
T Technology > T Technology (General)
Journal of Economic Literature Classification System: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling
Sets: Departments > Management
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 02 Nov 2012 16:01
URL: http://eprints.lse.ac.uk/47266/

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