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Authors: Evangelos D. Spyrou 1 and Dimitris Mitrakos 2

Affiliations: 1 School of Electrical and Computer Engineering, Aristotle University of Thessaloniki, Greece ; 2 Aristotle University of Thessaloniki, Greece

ISBN: 978-989-758-238-7

Keyword(s): Business process, market, assignment game, characteristic function, coalition formation.

Abstract: Business processes are essential for the successful growth of an organisation. Business models aim to organise such processes and invoke the necessary processes for particular tasks. Such a mechanism is responsible for the appropriate response and time management of the business strategy of a corporation. To this end, we formulate a scenario where business processes need to be invoked according to the expenditures of their operation, in order to complete a transaction in a market model. We model such a mechanism using game theory and we produce a characteristic function that we maximise, in order to reduce the cost of the business processes. We employ the well-known assignment game to form business process coalitions and minimise the business operation cost in the market.

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Paper citation in several formats:
Spyrou E.; Mitrakos D. and (2017). Assigning Business Processes: A Game-Theoretic Approach.In Proceedings of the Seventh International Symposium on Business Modeling and Software Design - Volume 1: BMSD, ISBN 978-989-758-238-7, pages 167-172. DOI: 10.5220/0006528501670172

@conference{bmsd17,
author={Evangelos D. Spyrou and Dimitris Mitrakos},
title={Assigning Business Processes: A Game-Theoretic Approach},
booktitle={Proceedings of the Seventh International Symposium on Business Modeling and Software Design - Volume 1: BMSD,},
year={2017},
pages={167-172},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006528501670172},
isbn={978-989-758-238-7},
}

TY - CONF

JO - Proceedings of the Seventh International Symposium on Business Modeling and Software Design - Volume 1: BMSD,
TI - Assigning Business Processes: A Game-Theoretic Approach
SN - 978-989-758-238-7
AU - Spyrou, E.
AU - Mitrakos, D.
PY - 2017
SP - 167
EP - 172
DO - 10.5220/0006528501670172

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