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          <dc:title>Pricing Web Services</dc:title>
          <dc:creator>Günther, Oliver</dc:creator>
          <dc:creator>Tamm, Gerrit</dc:creator>
          <dc:creator>Leymann, Frank</dc:creator>
          <dc:subject>Composite web services</dc:subject>
          <dc:subject>pricing</dc:subject>
          <dc:description>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.</dc:description>
          <dc:publisher>Schloss Dagstuhl – Leibniz-Zentrum für Informatik</dc:publisher>
          <dc:contributor>Oliver Günther and Gerrit Tamm and Frank Leymann</dc:contributor>
          <dc:date>2006</dc:date>
          <dc:relation>Is Part Of Dagstuhl Seminar Proceedings, Volume 6291, The Role of Business Processes in Service Oriented Architectures (2006)</dc:relation>
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          <dc:identifier>doi:10.4230/DagSemProc.06291.12</dc:identifier>
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          <dc:language>eng</dc:language>
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