{"id":"https://openalex.org/W1546980630","doi":"https://doi.org/10.1080/07421222.2015.1063312","title":"Design Theory for Market Surveillance Systems","display_name":"Design Theory for Market Surveillance Systems","publication_year":2015,"publication_date":"2015-04-03","ids":{"openalex":"https://openalex.org/W1546980630","doi":"https://doi.org/10.1080/07421222.2015.1063312","mag":"1546980630"},"language":"en","primary_location":{"id":"doi:10.1080/07421222.2015.1063312","is_oa":false,"landing_page_url":"https://doi.org/10.1080/07421222.2015.1063312","pdf_url":null,"source":{"id":"https://openalex.org/S9954729","display_name":"Journal of Management Information Systems","issn_l":"0742-1222","issn":["0742-1222","1557-928X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management Information Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://scholars.cityu.edu.hk/en/publications/design-theory-for-market-surveillance-systems","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100353780","display_name":"Xin Li","orcid":"https://orcid.org/0000-0002-0041-3134"},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Xin Li","raw_affiliation_strings":["View further author information","Department of Information Systems"],"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]},{"raw_affiliation_string":"Department of Information Systems","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5114010269","display_name":"Sherry Sun","orcid":null},"institutions":[{"id":"https://openalex.org/I138006243","display_name":"University of Arizona","ror":"https://ror.org/03m2x1q45","country_code":"US","type":"education","lineage":["https://openalex.org/I138006243"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Sherry X. Sun","raw_affiliation_strings":["View further author information","University of Arizona"],"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]},{"raw_affiliation_string":"University of Arizona","institution_ids":["https://openalex.org/I138006243"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5026905657","display_name":"Kun Chen","orcid":"https://orcid.org/0000-0002-8311-469X"},"institutions":[{"id":"https://openalex.org/I3045169105","display_name":"Southern University of Science and Technology","ror":"https://ror.org/049tv2d57","country_code":"CN","type":"education","lineage":["https://openalex.org/I3045169105"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Kun Chen","raw_affiliation_strings":["View further author information","SOUTH UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA"],"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]},{"raw_affiliation_string":"SOUTH UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA","institution_ids":["https://openalex.org/I3045169105"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5081633014","display_name":"Terrance Fung","orcid":null},"institutions":[{"id":"https://openalex.org/I4210106409","display_name":"China Institute of Finance and Capital Markets","ror":"https://ror.org/01mp98161","country_code":"CN","type":"facility","lineage":["https://openalex.org/I4210106409"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Terrance Fung","raw_affiliation_strings":["View further author information","Securities and Futures Commission of Hong Kong"],"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]},{"raw_affiliation_string":"Securities and Futures Commission of Hong Kong","institution_ids":["https://openalex.org/I4210106409"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5057727483","display_name":"Huaiqing Wang","orcid":null},"institutions":[{"id":"https://openalex.org/I3045169105","display_name":"Southern University of Science and Technology","ror":"https://ror.org/049tv2d57","country_code":"CN","type":"education","lineage":["https://openalex.org/I3045169105"]},{"id":"https://openalex.org/I196699116","display_name":"Wuhan University of Technology","ror":"https://ror.org/03fe7t173","country_code":"CN","type":"education","lineage":["https://openalex.org/I196699116"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Huaiqing Wang","raw_affiliation_strings":["View further author information","South University of Science and Technology of China","Wuhan University of Technology"],"affiliations":[{"raw_affiliation_string":"View further author information","institution_ids":[]},{"raw_affiliation_string":"South University of Science and Technology of China","institution_ids":["https://openalex.org/I3045169105"]},{"raw_affiliation_string":"Wuhan University of Technology","institution_ids":["https://openalex.org/I196699116"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5100353780"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.887,"has_fulltext":false,"cited_by_count":31,"citation_normalized_percentile":{"value":0.90612043,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"32","issue":"2","first_page":"278","last_page":"313"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.9901000261306763,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.9901000261306763,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9753999710083008,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11891","display_name":"Big Data and Business Intelligence","score":0.9743000268936157,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/market-microstructure","display_name":"Market microstructure","score":0.618395209312439},{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.5481040477752686},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.5311592817306519},{"id":"https://openalex.org/keywords/market-analysis","display_name":"Market analysis","score":0.5263137817382812},{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.5109637975692749},{"id":"https://openalex.org/keywords/transaction-cost","display_name":"Transaction cost","score":0.44488954544067383},{"id":"https://openalex.org/keywords/nonmarket-forces","display_name":"Nonmarket forces","score":0.437465101480484},{"id":"https://openalex.org/keywords/market-intelligence","display_name":"Market intelligence","score":0.43351978063583374},{"id":"https://openalex.org/keywords/database-transaction","display_name":"Database transaction","score":0.4167141318321228},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3924373388290405},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.3922022581100464},{"id":"https://openalex.org/keywords/risk-analysis","display_name":"Risk analysis (engineering)","score":0.38308876752853394},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3626914322376251},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.35510262846946716},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.2847094237804413},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.2636508643627167},{"id":"https://openalex.org/keywords/factor-market","display_name":"Factor market","score":0.25380322337150574},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.2443811595439911},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.20259475708007812}],"concepts":[{"id":"https://openalex.org/C51926234","wikidata":"https://www.wikidata.org/wiki/Q3312426","display_name":"Market microstructure","level":3,"score":0.618395209312439},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5481040477752686},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5311592817306519},{"id":"https://openalex.org/C179036041","wikidata":"https://www.wikidata.org/wiki/Q1901028","display_name":"Market analysis","level":2,"score":0.5263137817382812},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5109637975692749},{"id":"https://openalex.org/C98965940","wikidata":"https://www.wikidata.org/wiki/Q877496","display_name":"Transaction cost","level":2,"score":0.44488954544067383},{"id":"https://openalex.org/C119008658","wikidata":"https://www.wikidata.org/wiki/Q17162779","display_name":"Nonmarket forces","level":3,"score":0.437465101480484},{"id":"https://openalex.org/C2778137712","wikidata":"https://www.wikidata.org/wiki/Q13408403","display_name":"Market intelligence","level":2,"score":0.43351978063583374},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.4167141318321228},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3924373388290405},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3922022581100464},{"id":"https://openalex.org/C112930515","wikidata":"https://www.wikidata.org/wiki/Q4389547","display_name":"Risk analysis (engineering)","level":1,"score":0.38308876752853394},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3626914322376251},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.35510262846946716},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.2847094237804413},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2636508643627167},{"id":"https://openalex.org/C195534400","wikidata":"https://www.wikidata.org/wiki/Q641443","display_name":"Factor market","level":2,"score":0.25380322337150574},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.2443811595439911},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.20259475708007812},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/07421222.2015.1063312","is_oa":false,"landing_page_url":"https://doi.org/10.1080/07421222.2015.1063312","pdf_url":null,"source":{"id":"https://openalex.org/S9954729","display_name":"Journal of Management Information Systems","issn_l":"0742-1222","issn":["0742-1222","1557-928X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Management Information Systems","raw_type":"journal-article"},{"is_oa":true,"landing_page_url":"https://scholars.cityu.edu.hk/en/publications/design-theory-for-market-surveillance-systems","pdf_url":null,"source":{"id":"https://openalex.org/S7407055387","display_name":"CityU Scholars","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"LI, X, SUN, S X, CHEN, K, FUNG, T & WANG, H 2015, 'Design Theory for Market Surveillance Systems', Journal of Management Information Systems, vol. 32, no. 2, pp. 278-313. https://doi.org/10.1080/07421222.2015.1063312","raw_type":"article"},{"id":"pmh:oai:pure.atira.dk:publications/f8bbcad0-21d3-492d-ab27-16e66908a2f6","is_oa":true,"landing_page_url":"https://hdl.handle.net/2031/f8bbcad0-21d3-492d-ab27-16e66908a2f6","pdf_url":null,"source":{"id":"https://openalex.org/S7407055387","display_name":"CityU Scholars","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"LI, X, SUN, S X, CHEN, K, FUNG, T & WANG, H 2015, 'Design Theory for Market Surveillance Systems', Journal of Management Information Systems, vol. 32, no. 2, pp. 278-313. https://doi.org/10.1080/07421222.2015.1063312","raw_type":"article"}],"best_oa_location":{"is_oa":true,"landing_page_url":"https://scholars.cityu.edu.hk/en/publications/design-theory-for-market-surveillance-systems","pdf_url":null,"source":{"id":"https://openalex.org/S7407055387","display_name":"CityU Scholars","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"LI, X, SUN, S X, CHEN, K, FUNG, T & WANG, H 2015, 'Design Theory for Market Surveillance Systems', Journal of Management Information Systems, vol. 32, no. 2, pp. 278-313. https://doi.org/10.1080/07421222.2015.1063312","raw_type":"article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","score":0.4300000071525574,"display_name":"Partnerships for the goals"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":66,"referenced_works":["https://openalex.org/W60143444","https://openalex.org/W102708294","https://openalex.org/W103965747","https://openalex.org/W193524605","https://openalex.org/W637411437","https://openalex.org/W1276866904","https://openalex.org/W1484043931","https://openalex.org/W1495023480","https://openalex.org/W1505839237","https://openalex.org/W1506084352","https://openalex.org/W1539350710","https://openalex.org/W1542416727","https://openalex.org/W1571056922","https://openalex.org/W1593305440","https://openalex.org/W1721421031","https://openalex.org/W1755711892","https://openalex.org/W1996430422","https://openalex.org/W1998530313","https://openalex.org/W2002700083","https://openalex.org/W2012939979","https://openalex.org/W2015174807","https://openalex.org/W2016647770","https://openalex.org/W2024175245","https://openalex.org/W2038519406","https://openalex.org/W2039107287","https://openalex.org/W2045999213","https://openalex.org/W2048658075","https://openalex.org/W2048881627","https://openalex.org/W2049285055","https://openalex.org/W2049665145","https://openalex.org/W2062114445","https://openalex.org/W2063194370","https://openalex.org/W2064709414","https://openalex.org/W2077387653","https://openalex.org/W2084015864","https://openalex.org/W2086827435","https://openalex.org/W2095653202","https://openalex.org/W2106112700","https://openalex.org/W2111436316","https://openalex.org/W2114582436","https://openalex.org/W2131773668","https://openalex.org/W2133990480","https://openalex.org/W2136451344","https://openalex.org/W2136922540","https://openalex.org/W2138628945","https://openalex.org/W2138839789","https://openalex.org/W2139328970","https://openalex.org/W2146705529","https://openalex.org/W2151799802","https://openalex.org/W2152430224","https://openalex.org/W2158342889","https://openalex.org/W2159396818","https://openalex.org/W2164351536","https://openalex.org/W2240824484","https://openalex.org/W2484560534","https://openalex.org/W2770333281","https://openalex.org/W3121461006","https://openalex.org/W3121745428","https://openalex.org/W3123017196","https://openalex.org/W3124702422","https://openalex.org/W3125940648","https://openalex.org/W3151685851","https://openalex.org/W3210595225","https://openalex.org/W4231546411","https://openalex.org/W4242595591","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W2354379203","https://openalex.org/W1998050871","https://openalex.org/W4251363673","https://openalex.org/W3002160465","https://openalex.org/W4282838563","https://openalex.org/W4254392495","https://openalex.org/W3142864486","https://openalex.org/W3004877414","https://openalex.org/W3122473327","https://openalex.org/W150489754"],"abstract_inverted_index":{"Market":[0],"surveillance":[1,162],"systems":[2,6],"(MSSs)":[3],"are":[4,24],"information":[5,82,156],"that":[7,80],"monitor":[8],"financial":[9,169],"markets":[10,170],"to":[11,95,99,158],"combat":[12],"market":[13,71,81,107,155,161],"abuses.":[14],"Existing":[15],"MSSs":[16,47,88],"focus":[17],"mainly":[18],"on":[19,58,68,151],"analyzing":[20],"trading":[21,180],"activities":[22,181],"and":[23,36,48,73,89,101,109,124,148,171],"often":[25],"developed":[26],"through":[27,122],"a":[28,54,59,126,133,140],"trial-and-error":[29],"approach":[30],"by":[31],"screening":[32],"data":[33],"mining":[34],"algorithms":[35],"features.":[37],"The":[38],"void":[39],"of":[40,46,53,62,65,117,132,154,178],"theoretical":[41],"direction":[42],"limits":[43],"the":[44,51,63,69,115,130,146,152,160,172,175],"effectiveness":[45,116],"calls":[49],"for":[50,105,168],"development":[52],"design":[55,120],"theory":[56,121],"based":[57],"thorough":[60],"examination":[61],"meta-requirements":[64],"MSSs.":[66],"Based":[67],"efficient":[70],"hypothesis":[72],"text":[74],"understanding":[75,106],"theory,":[76],"this":[77,118,143],"paper":[78],"argues":[79],"analysis":[83,157],"should":[84,92],"be":[85,93],"incorporated":[86],"into":[87],"commonsense":[90],"knowledge":[91],"employed":[94],"connect":[96],"related":[97],"events":[98],"transactions":[100],"provide":[102],"reference":[103],"concepts":[104],"context":[108,131],"assessing":[110],"transaction":[111],"risk.":[112],"We":[113],"show":[114],"proposed":[119],"developing":[123],"evaluating":[125],"prototype":[127],"system":[128],"in":[129],"real-world":[134],"stock":[135],"exchange":[136],"market.":[137],"By":[138],"taking":[139],"theory-driven":[141],"approach,":[142],"research":[144],"shows":[145],"possibility":[147],"provides":[149],"guidelines":[150],"use":[153],"alleviate":[159],"problem,":[163],"which":[164],"has":[165],"significant":[166],"implications":[167],"economy":[173],"given":[174],"explosive":[176],"growth":[177],"illegal":[179],"worldwide.":[182]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":5},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-04-04T16:13:02.066488","created_date":"2025-10-10T00:00:00"}