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Pricing (Composed) Web Services

dc.contributor.authorGünther, Oliver
dc.contributor.editorAbramowicz, Witold
dc.contributor.editorMaciaszek, Leszek
dc.date.accessioned2019-05-15T08:27:22Z
dc.date.available2019-05-15T08:27:22Z
dc.date.issued2007
dc.description.abstractIn this invited talk we discuss the challenges associated with composing and pricing web services. We present the results of an online experiment, where subjects were confronted with a variety of choices and decisions relating to web service markets and service composition. Our analysis shows that people expect the price of a composite web service to be lower than the sum of the prices of the elementary services, i.e., users are not willing to pay for aggregation by a third party. To obtain a viable business model for composite web services, non-standard pricing mechanisms, such as auctions and negotiations, possibly supported by electronic agents, have to be taken into consideration. Usage-based pricing schemes, combined with an option to switch to a flat subscription, seem most appropriate to penetrate the developing market for web services. – This is joint work with Frank Leymann and Gerrit Tamm. A full version of this paper will be published shortly in the International Journal of Business Process Integration and Management.en
dc.identifier.isbn978-3-88579-210-9
dc.identifier.pissn1617-5468
dc.identifier.urihttps://dl.gi.de/handle/20.500.12116/22351
dc.language.isoen
dc.publisherGesellschaft für Informatik e. V.
dc.relation.ispartofBusiness process and services computing – 1st international working conference on business process and services computing – BPSC 2007
dc.relation.ispartofseriesLecture Notes in Informatics (LNI) - Proceedings, Volume P-116
dc.titlePricing (Composed) Web Servicesen
dc.typeText/Conference Paper
gi.citation.endPage36
gi.citation.publisherPlaceBonn
gi.citation.startPage36
gi.conference.dateSeptember 25-26, 2007
gi.conference.locationLeipzig
gi.conference.sessiontitleRegular Research Papers

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