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when quoting this document, please refer to the following
URN: urn:nbn:de:0030-drops-8220
URL: http://drops.dagstuhl.de/opus/volltexte/2006/822/

Günther, Oliver ; Tamm, Gerrit ; Leymann, Frank

Pricing Web Services

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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{gnther_et_al:DSP:2006:822,
  author =	{Oliver G{\"u}nther and Gerrit Tamm and Frank Leymann},
  title =	{Pricing Web Services},
  booktitle =	{The Role of Business Processes in Service Oriented Architectures},
  year =	{2006},
  editor =	{Frank Leymann and Wolfgang Reisig and Satish R. Thatte and Wil van der Aalst},
  number =	{06291},
  series =	{Dagstuhl Seminar Proceedings},
  ISSN =	{1862-4405},
  publisher =	{Internationales Begegnungs- und Forschungszentrum f{\"u}r Informatik (IBFI), Schloss Dagstuhl, Germany},
  address =	{Dagstuhl, Germany},
  URL =		{http://drops.dagstuhl.de/opus/volltexte/2006/822},
  annote =	{Keywords: Composite web services, pricing}
}

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


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