IT Socio-Economic Ecosystem

Applied Mathematical Modelling

Faysal.El.Khettabi@gmail.com

Motivation:

The new IT socio-economic ecosystem is based on the advancement of information technologies that enabled real time connection between different peers(households & investors), firms(investors & advertisers), governments(financial regulation and supervision) to trade their socio-economic assets(creations, products and services) using Internet capabilities, i.e. this information technology is used to match directly buyer peers and seller peers that are forming a network on an on-line platform.

Known IT socio-economic ecosystem sites are Youtube for online creator videos, and online marketplace lending, such as Lending Club, in the financial services sector.

On-line contractual arrangements are created to mitigated the existing conflicts of interests between the on-line platform and its peers. New form of contracts are designed specifically for this IT socio-economic ecosystem platform to foster incentives for the contracting parties to exploit the anticipated gains from their on line collaborations.

YouTube and creator's anticipated gains

Online Marketplace Lending and Lender's anticipated gains

Platform's Performance Modeling

In spite of the fact that; the economic activity takes place "continuously" in an IT socio-economic ecosystem platform. A peer populating the online platform is only socially or economically connected to the platform during a consecutive finite number of periods and are not necessarily regularly connected.

Globally, the peers populating the online platform are forming an overlapping or staggered network. Staggered implies any portion of the peers with similar social or economical characteristic to interact with the platform.

My main motivation, this property of staggered connexions is a central feature in mathematical modeling of online platform performance dynamics. My theoretical mathematical formulations and statistical analysis approaches to this micro-interaction foundations are proved essential to build a macroscopic scales to estimate the online platform performance dynamics.

Numerics & Analytics of IT socio-economic ecosystem platform

The data type used for the result of a calculation depends on the type of the IT socio-economic ecosystem platform, its business model and the associated operations performed on the online platform.