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5th International Workshop on Information technologies in economic research (ITER 2016)


Fact Sheet

ITER web page:
Paper submission URI (track ITER):
Paper submission deadline: April 24, 2016- EXTENDED till Saturday, 30.04.2016 - CLOSED
Submission types: (i) regular (full) research papers, (ii) short research papers, (iii) discussion, survey, or problem analysis papers
Duration: full day, June 21, 2016
Workshop Language: English, Ukrainian, Russian

Workshop Program

Tuesday, June 21, 2016
8:30 12:30 Registration
WS ITER SESSION 1: Information Technologies in Microeconomics and Macroeconimics

Room:Assembly Hall

Chair: Vitaliy Kobets
Paper 1: Yassine Rhazali, Hadi Youssef and Abdelaziz Mouloudi. An Approach for Automating Transformation from Business Models to Design Models and IFML model: from CIM to PIM According MDA
Paper 2: Żaneta Pietrzak, Artur Jablołoński, Marta Kawczyńska and Tomasz Wnuk-Pel. Impact of Integrated Information System Implementation on the Quality of Information Obtained from Management Accounting System
Paper 3: Vitaliy Kobets and Valeria Yatsenko. Adjusting Business Processes by the Means of an Autoregressive Model Using BPMN 2.0
10:30 11:00 Coffee
11:00 12:30 WS ITER SESSION 2: Information Technologies in Microeconomics and Macroeconimics
    Room:Assembly Hall
    Chair:Vitaliy Kobets
11:00 11:30 Paper 4: Iryna Ushakova. Simulation of the impact social media on promoting education services
11:30 12:00 Paper 5: Igor Atamanyuk and Yuriy Kondratenko. Forecasting Economic Indices of Agricultural Enterprises Based on Vector Polynomial Canonical Expansion of Random Sequences
12:00 12:30 Paper 6: Vitaliy Kobets and Alexander Weissblut. Nonlinear Dynamic Model of a Microeconomic System with Different Reciprocity and Expectations Types of Firms: Stability and Bifurcations
12:30 13:00 Paper 7: Olha Moroz. Using Hybrid Algorithms Based on GMDH-Type Neural Networks for Solving Economic Problems
13:00 14:00 Lunch
14:00 15:30 WS ITER SESSION 3: Computational Economics and Information Technologies in Finance
    Room:Assembly Hall
    Chairs: Tetiana Paientko
14:00 14:30 Paper 8: Viktoria Yatsenko. A Company-Specific Business Process “Accounting of Cash on the Bank Accounts” in the Global Electronic Payment System
14:30 14:50 Paper 9: Tetiana Paientko and Tatsiana Verezubova. Modeling Input Financial Flows of Insurance Companies as a Component of Financial Strategy
14:50 15:10 Paper 10: Olena Liashenko and Tetyana Kravets. Fractal Analysis of Currency Market: Hurst Index as an Indicator of Abnormal Events
15:10 15:30 Paper 11: Vladimir Dorozhinsky, Arsen Khadikov and Nina Zholtkevych. Machine Learning Methods and “Real-Time” Economics
15:30 16:00 Coffee
16:00 17:30 WS ITER SESSION 4: Computational Economics and Information Technologies in Finance
    Room:Assembly Hall
    Chairs:Tetiana Paientko
16:00 16:30 Paper 12: Myroslav Komar, Anatoliy Sachenko, Sergei Bezobrazov and Vladimir Golovko. Intelligent Cyber Defense System
16:30 17:00 Paper 13: Vitaliy Kobets and Maksim Poltoratskiy. Using an Evolutionary Algorithm to Improve Investment Strategies for Industries in an Economic System
17:00 17:20 Paper 14: Lidiia Hladchenko. Government Financial Accountability and Transparency in the Digital World
17:20 17:30 CLOSING

Important Dates

Sunday, 24.04.2016- EXTENDED till Saturday, 30.04.2016 – paper submission deadline - CLOSED
Monday, 15.05.2016 - notification about acceptance or rejection of papers - CLOSED
Sunday, 29.05.2016 – submission of camera ready papers
Sunday, 29.05.2016 – registration deadline
21-24.06.2016 – main conference days

Theme of the Workshop

The use of ICT in all types of economic simulation is becoming increasingly popular in the last years, producing a wide variety of interesting applications such as investment portfolio optimization, financial time series, stock ranking, risk-return analysis. Agent-based policy analysis is used to study the impact of environmental dynamics on economic evolution. Experimental economics makes use of evolving artificial societies for simulations in evolutionary economy, of economic competition, etc. This is done to select the models which best fit to strategies optimization and economic policies development. ICT use expansion has a very big influence on business process modeling, e-commerce, economic education, and economic research as these technologies enable the use of computing power for modeling, processing, and presentation of economic data. The implementation of IT in economic research is a bridge between researchers and practitioners worldwide working on such diverse areas as IT and economics. The ITER Workshop is devoted to the two main themes:
(i) The application of IT in business, economics, finance, and research; and
(ii) The economics of research and development in IT industry

The Workshop aims at:
(i) Helping economists to use IT in economic research, simulation, and forecasting; and
(ii) Enhancing the use of IT for solving coordination and communication problems in a mixed economy environment

Topics of Interest

ITER 2016 invites papers on, but not strictly limited to, the following topics:

  • Business Process Modeling: business process simulations for firms, suppliers, customers and governments; information systems in small and medium business, IT-innovations in management process, R&D races, peculiarity of management in virtual organizations, e-commerce, cloud technology in business, e-governance: practice and applications.
  • Fuzzy logics and neural networks: development of the theory and methodology of neural networks and fuzzy logic and practical solution for specific economic application with the construction of economical and mathematical models and their program implementation and experimental studies of their effectiveness
  • Computational Economics and Economic Modeling: simulation of economic process for dynamics forecasting of microeconomics and macroeconomics discrete and continuous systems development. Loss of use of funds assessment for companies and governments; benefits foregone assessment for companies, individuals and governments; mathematical models for benefit foregone assessment forecasting; game theory for loss profit measurement
  • Evolutionary and Behavioral Economics: Emphasizes dynamics, changing structures, and disequilibrium processes with an evolutionary perspective; focuses on an evolutionary conception of the economy, following the tradition of Joseph A. Schumpeter, game theory approach, behavioral finance and investment, investor behavior, behavioral explanation for market anomalies, behavioral corporate finance and management decision-making.
  • IT Education for Economists: business informatics competences, IT-professional training for economic staff, case studies for economists through distance learning; experimental business games, start-ups for students.

Submission Types and Requirements

ITER solicits (i) regular (full) research papers, (ii) short research papers, (iii) discussion, survey, or problem analysis papers.

Evaluation criteria are equivalent to the ones of the main ICTERI Conference. Please refer to for more details.

Submission Instructions

The authors should use the ICTERI electronic submission system at Then choose “New submission” option, select a track “5th Int Wshop on Information Technologies in Economic Research”, and follow the instructions for this track.

Program Committee

Workshop Chairs
- Vitaliy Kobets (vkobets [at] kse [dot] org [dot] ua), Kherson State University, Ukraine;
- Tatiana Paientko (tpayentko [at] mail [dot] ru), Kyiv National Economic University, Ukraine
Program Committee Members

  • Tom Coupe, Kyiv School of Economics, Ukraine
  • Dorota Jelonek, Czestochowa University of Technology, Poland
  • Rong Zhang, Nishinippon Institute of Technology, Japan
  • Ludmila Konstants, American University of Central Asia, Kyrgyz Republic
  • Marin Neykov, University of National and World Economy (UNWE), Bulgaria
  • Alexander Weissbult, Kherson State University, Ukraine
  • Rasa Subačienė, Vilnius University, Lithuania
  • Nina Solovyova, Kherson State University, Ukraine
  • Sergey Kryukov, Southern Federal University, Russian Federation
  • Sergey Mazol, Academy of Public Administration, Minsk, Belarus
  • Elena Voronkova, State Fiscal Service National University, Ukraine
  • Fitim Deari, South East European University, Republic of Macedoni
  • Viktor Selyutin, Southern Federal University, Russian Federation
  • Viktoria Yatsenko, Kherson National Technical University, Ukraine
  • Eugene Alforov, German Climate Computing Center, Germany
  • Carine Mesropyan, Southern Federal University, Russian Federation
  • Valentina Grigoryeva, Kherson State University, Ukraine
  • Grygoriy Zholtkevych, V.N. Karazin Kharkiv National University, Ukraine
  • Abdel-Badeeh Salem, Ain Shams University Cairo, Egypt
  • Vira Lyubchenko, Odessa National Polytechnic University, Ukraine
  • Dmitry Klyonov, Kherson State University, Ukraine
  • Sergei Makarenko, Kherson State University, Ukraine
  • Lina Dagiliene, School of Economics and Business, Lithuania
  • Olga Kotova, Kherson State University, Ukraine
  • Nataliya Osipova, Kherson State University, Ukraine
  • Mohamed Fayad, San Jose State University, USA

Previous ITER workshops

ITER 2015 (
Papers published in:
ITER 2014 (
Papers published in:
ITER 2013 (
Papers published in:
ITER 2012 (
Papers published in:


- The papers accepted by the ITER 2016 Program Committee and written in English will be published in the ICTERI 2016 Proceedings Volume (at CEUR-WS). This publication qualifies as an international publication with the German ISBN. This proceedings volume will be published electronically and indexed by DBLP, Scopus and Google Scholar.

The papers accepted for WS ITER 2016 may be invited for publication in the Special Issue of the Journal of Information Technologies in Economic Research. Submissions should be made electronically in pdf or doc/docx format. The authors should use the ITER electronic submission system at and submit their papers to the WS Track ITER 2016. Those authors who do not have their personal account at EasyChair have to create it using Easychair before submitting their paper.

The best ITER 2016 papers after their presentation and discussion at the workshop may be invited to be published in their refined and extended versions in the Post-proceedings of ICTERI 2016 to be published in the Springer Communications in Computer and Information Science (CCIS,, pending acceptance). Only the papers written in English will be considered as the candidates for the post-proceedings. Refined and extended versions of the papers will undergo a review by the members of the ICTERI program committee. The ICTERI Steering Committee will decide upon the acceptance for this CCIS volume.

ITER 2016 1st Call for Papers132.67 KB