The award was presented in Münster during the annual Business Informatics Conference by a panel consisting of Prof. Dr. Susanne Strahringer (TU Dresden), Prof. Dr. Rainer Alt (University of Leipzig), and Prof. Dr. Helmut Krcmar (TU Munich). It is considered one of the most important national recognitions for scientific publications in business informatics. “I am delighted that Lukas Bossler has been awarded the Best Paper Award,” says Prof. Dr. Arne Buchwald. “Not only is he a brilliant mind, but he has also shown impressive perseverance and driven our joint project forward over six years and several institutional changes. This commitment forms a promising foundation for a successful academic career.”
Award-winning research paper designs and solves the problem of two-sided opportunism in data exchange between organizations
As part of the award-winning research paper “And No One Gets the Short End of the Stick: A Blockchain-Based Approach to Solving the Two-Sided Opportunism Problem in Inter-Organizational Information Sharing,” Lukas Florian Bossler (FernUniversität Hagen), HNU Prof. Dr. Arne Buchwald, and Prof. Dr. Kai Spohrer (Frankfurt School of Finance & Management) developed an information system that enables the exchange of sensitive data between organizations without the parties having to fear opportunistic behavior on the part of the other party. Unlike previous approaches, their system simultaneously takes into account both the risk of information manipulation by the providing organization and the risk of information theft by the receiving organization: Information is shared in a derived form so that the underlying data remains protected. Addressing bilateral opportunism increases the willingness of participants to exchange confidential information for mutual benefit and opens up new opportunities in areas such as mechanical engineering, supply chain management, IT outsourcing, and cooperative competitive relationships.
The project was developed as part of the BMWK-funded research project “Pay-per-Stress: Innovative, data-based, load-oriented payment models for machine tools” (funding code: 01MD19011) and was successfully evaluated in both feasibility studies and a large-scale industry survey in the manufacturing sector. Read more in our HNU news release.
At the beginning of this year, the research results were published in the journal Information Systems Research (ISR), one of the leading journals in the field of business informatics (VHB Media Rating 2024: A+).
To the publication
Lukas Florian Bossler; Arne Buchwald; Kai Spohrer (2024): And No One Gets the Short End of the Stick: A Blockchain-Based Approach to Solving the Two-Sided Opportunism Problem in Interorganizational Information Sharing. Information Systems Research 0(0).
Available online (open access/freely available): https://pubsonline.informs.org/doi/full/10.1287/isre.2022.0065
Contact
Prof. Dr. Arne Buchwald
