Agency monitoring patterns for value networks

Patrício de Alencar Silva*, Faiza Allah Bukhsh, Jefferson da Silva Reis, Angélica Félix de Castro

*Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    3 Citations (Scopus)
    4 Downloads (Pure)


    Value network models represent an arrangement of actors, activities and objects of business value configured to satisfy a market segment’s need. As some actors might act unreliably due to unpredicted weaknesses, opportunism that threat value co-creation, monitoring becomes an issue necessary for designing a realistic value model. The research question addressed in this paper is how value network models could be designed with a preventive monitoring organization. We therefore propose a monitoring task ontology and five agency communication patterns for this end. The ontology blends principles of Multiple Agency, Speech Acts, Enterprise Ontology and Value Modeling. We demonstrate the utility of the ontology with a case-based scenario from the Smart Metering markets, and a conformity-test supported by the e3value tool. The case scenario comes from the Directive 2009/72/EC of the European Parliament.

    Original languageEnglish
    Title of host publicationEconomics of Grids, Clouds, Systems, and Services
    Subtitle of host publication14th International Conference, GECON 2017, Proceedings
    EditorsJose Angel Banares, Congduc Pham, Jorn Altmann
    Number of pages13
    ISBN (Print)9783319680651
    Publication statusPublished - 2017
    Event14th International Conference on the Economics of Grids, Clouds, Systems, and Services, GECON 2017 - Biarritz Casino, Biarritz, France
    Duration: 19 Sept 201721 Sept 2017
    Conference number: 14

    Publication series

    NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
    Volume10537 LNCS
    ISSN (Print)0302-9743
    ISSN (Electronic)1611-3349


    Conference14th International Conference on the Economics of Grids, Clouds, Systems, and Services, GECON 2017
    Abbreviated titleGECON


    • Agency theory
    • Ontology
    • Smart metering
    • Value networks


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