6533b7ddfe1ef96bd1273c0a

RESEARCH PRODUCT

Inferring Decision Strategies from Clickstreams in Decision Support Systems: A New Process-Tracing Approach using State Machines

Wolfgang SteitzJella PfeifferMalte ProbstFranz Rothlauf

subject

Decision support systemFinite-state machineProcess tracingWestern europeBusinessCompound annual growth rateMarketingDecision makerAttribute level

description

The importance of online shopping has grown remarkably over the last decade. In 2009, every West European spent on average € 483 online and this amount is expected to grow to € 601 in 2014. In Germany, the number of online shoppers has almost doubled since 2000: 44% of all adults regularly buy products onlinetoday. In Western Europe, online sales reached € 68 billion in 2009 and Forrester research forecasts it will reach € 114 billion by 2014 with an 11% compound annual growth rate.

https://doi.org/10.1007/978-3-7908-2781-1_8