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.
Author: | Oliver Günther, Prof. Dr. Gerrit Tamm, Frank Leymann |
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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): | ![]() |