License: Creative Commons Attribution 4.0 International license (CC BY 4.0)
When quoting this document, please refer to the following
DOI: 10.4230/DagSemProc.06291.12
URN: urn:nbn:de:0030-drops-8220
URL: http://dagstuhl.sunsite.rwth-aachen.de/volltexte/2006/822/
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G√ľnther, Oliver ; Tamm, Gerrit ; Leymann, Frank

Pricing Web Services

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06291.GuentherOliver.Paper.822.pdf (0.1 MB)


Abstract

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, i.e., users are not willing to pay for aggregation by a third party. To obtain a viable business model for composed 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 web service market.



BibTeX - Entry

@InProceedings{gunther_et_al:DagSemProc.06291.12,
  author =	{G\"{u}nther, Oliver and Tamm, Gerrit and Leymann, Frank},
  title =	{{Pricing Web Services}},
  booktitle =	{The Role of Business Processes in Service Oriented Architectures},
  pages =	{1--13},
  series =	{Dagstuhl Seminar Proceedings (DagSemProc)},
  ISSN =	{1862-4405},
  year =	{2006},
  volume =	{6291},
  editor =	{Frank Leymann and Wolfgang Reisig and Satish R. Thatte and Wil van der Aalst},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/opus/volltexte/2006/822},
  URN =		{urn:nbn:de:0030-drops-8220},
  doi =		{10.4230/DagSemProc.06291.12},
  annote =	{Keywords: Composite web services, pricing}
}

Keywords: Composite web services, pricing
Collection: 06291 - The Role of Business Processes in Service Oriented Architectures
Issue Date: 2006
Date of publication: 24.11.2006


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