Peter Miller (auth.), Jörn Altmann, Ulrike Baumöl, Bernd J.'s Advances in Collective Intelligence 2011 PDF

By Peter Miller (auth.), Jörn Altmann, Ulrike Baumöl, Bernd J. Krämer (eds.)

ISBN-10: 3642253202

ISBN-13: 9783642253201

ISBN-10: 3642253210

ISBN-13: 9783642253218

Collective intelligence has develop into an enticing topic of curiosity for either academia and undefined. progressively more meetings and workshops speak about the influence of the clients‘ motivation to take part within the worth construction approach, the permitting position of modern details and verbal exchange applied sciences and the necessity for larger algorithms to house the growing to be quantity of shared facts. there are numerous attention-grabbing and tough issues that have to be researched and mentioned with appreciate to wisdom construction, creativity and innovation strategies carried ahead within the rising groups of practice.

COLLIN is at the route to develop into the flagship convention within the components of collective intelligence and ICT-enabled social networking. We have been thrilled to back obtain contributions from varied components of the realm together with Australia, Europe, Asia, and the USA. inspired by way of the confident reaction, we plan COLLIN 2012 to be held subsequent yr finish of August at FernUniverstität in Hagen.

In order to assure the standard of the development, every one paper went via a doubleblind evaluation approach. The stories targeting originality, caliber and relevance of the paper subject to the symposium. additionally, we invited a number of well known specialists within the box to give a contribution to the luck of the symposium with remarkable papers reporting on their latest learn. Our specific thank you visit the authors for filing their papers, to the foreign software committee participants, and to various reviewers who did a very good activity in making certain that the papers during this quantity are of very excessive quality.

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Intermediaries of market places normally choose a direct and transactiondependent revenue generation by participation in the revenues coming from the UGC. Depending on the specific design of the revenue model, either the author receives a fee from the intermediary of the market place or the intermediary receives a fee from the author. Information intermediaries generate revenues through advertising. Revenue is on the one hand generated indirectly and in a transaction-independent way by providing advertising space on the platform.

Moreover, he or she publishes it for addressees who are not fully specified beforehand [27]. This person is not a professional publisher and does not pursue commercial purposes [28]. Typical UGC are text-based content, such as Adding Value with Collective Intelligence 37 descriptions, evaluations based on pre-defined cells, pictures, videos, and audio files [3]. g. g. in case of an evaluation) [15]. It is possible to define UGC based on three characteristics [32]: • Publication: The content has to be published online and made available for a broad public.

Taking DJIA as an example, the stock movement at a day t is defined as the normalized change in stock close price from the past day, which can be expressed as Dt = DJIAt − DJIAt−1 DJIAt−1 (1) where DJIAt is the close price of day t. Similarly, we determine the other independent variables. Using these new relative variables, we not only can tell the change direction of the market which is indicated by the sign of the number, but also measure how much it changed compared to the previous day. 28 X.

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Advances in Collective Intelligence 2011 by Peter Miller (auth.), Jörn Altmann, Ulrike Baumöl, Bernd J. Krämer (eds.)


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