The Online Market Observatory: A Domain Model Approach |
Received:July 15, 2009 Revised:March 16, 2010 Download PDF |
Karl Anton Froeschl,Norbert Walchhofer,Milan Hronsky. The Online Market Observatory: A Domain Model Approach. International Journal of Software and Informatics, 2010,4(1):69~88 |
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Fund:The project is supported by grant Fit-IT "Semantic Systems and Services" No. 815.135 of theAustrian Research Promotion Agency (FFG) |
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Abstract:The "Semantic Market Monitoring" (SEMAMO) project is intended to provide
a flexible empirical instrument for the permanent collection of data -- notably, prices --
about products and services on offeneric online market observatory, SEMAMO capitalizes
on a uniform data processing scheme covering all stages from automatic data capture using
configurable mediators, through integration of Web-extracted data from multiple sources
and their long-term storage in a persistent econometric database, up to statistical analyses
feeding into flexible reporting functions. Based on a self-contained specification framework
describing formally, by means of explicit models capturing market semantics, the online
markets to be tracked, SEMAMO economizes the derivation of individual market monitoring
applications. During run-time, a SEMAMO instance then seeks to adaptively optimize data
quality and observation e±ciency based on both, previously gathered market evidence and
customer-defined reporting requirements. The framework is evaluated experimentally in a
practical application to online tourism. |
keywords:online market monitoring Web information extraction formal domain modeling eTourism |
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