Econometric Simulation for E-Business Strategy Evaluation
Lidan Ha and
Guisseppi Forgionne
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Lidan Ha: Copping State University, USA
Guisseppi Forgionne: University of Maryland, Baltimore County, USA
International Journal of E-Business Research (IJEBR), 2006, vol. 2, issue 2, 38-53
Abstract:
Effective and efficient e-business strategy development is crucial to achieve a competitive advantage in the electronic marketplace. However, e-business strategy evaluation constitutes complex and dynamic challenges for business management. This article offers assistance for the evaluation process by applying a computer simulation that uses an econometric model delivered through a decision-making support system. The major econometric simulation logic and methodology introduced here covers multidisciplinary areas and is among the first attempts to identify and establish a comprehensive, quantitative tool to support the strategy development processes of e-businesses. The authors hope to shed some lights on e-business strategy research through this article.
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jebr00:v:2:y:2006:i:2:p:38-53
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