Business Modeling via Commitments

  • Authors:
  • Pankaj R. Telang;Munindar P. Singh

  • Affiliations:
  • Department of Computer Science, North Carolina State University, Raleigh, USA 27695-8206;Department of Computer Science, North Carolina State University, Raleigh, USA 27695-8206

  • Venue:
  • SOCASE '09 Proceedings of the AAMAS 2009 International Workshop on Service-Oriented Computing: Agents, Semantics, and Engineering
  • Year:
  • 2009

Quantified Score

Hi-index 0.00

Visualization

Abstract

Existing computer science approaches to business modeling offer low-level abstractions such as data and control flows, which fail to capture the business intent underlying the interactions that are central to real-life business models. In contrast, existing management science approaches are high-level but not only are these semiformal, they are also focused exclusively on managerial concerns such as valuations and profitability. This paper proposes a novel business metamodel based on commitments that considers additional agent-oriented concepts, specifically, goals and tasks. It proposes a set of business patterns and algorithms for checking model completeness and verification of agent interactions. Unlike traditional models, our approach marries rigor and flexibility, providing a crisp notion of correctness and compliance independent of specific executions.