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Pricing web services

  • This paper focuses on 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, that is, 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.

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Metadaten
Author: Oliver Günther, Prof. Dr. Gerrit Tamm, Frank Leymann
URN:urn:nbn:de:0298-opus4-6511
Parent Title (English):International Journal of Business Process Integration and Management (IJBPIM)
Document Type:Article
Language:English
Date of Publication (online):2014/07/25
Year of first Publication:2007
Publishing Institution:SRH Berlin University of Applied Sciences
Release Date:2014/07/25
Tag:Pricing; SOAs; Service-oriented Architectures; Web Services; Web-Based
Volume:2
Issue:2
First Page:132
Last Page:140
Link author profile:https://www.srh-berlin.de/hochschule/hochschulteam/tamm-gerrit/
Peer-reviewed:Keine Angabe - No details
Institutes:Institute of Information Systems (IIS, SRH Berlin)
JEL-Classification:O Economic Development, Technological Change, and Growth
Licence (German):License LogoCreative Commons - Namensnennung-Nicht kommerziell-Keine Bearbeitung
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