A Framework for Linking and Pricing No-Cure-No-Pay Services

Hee, K.M. van; Verbeek, H. M. W.; Stahl, Christian; Sidorova, Natalia

doi:10.1007/978-3-642-00899-3_11

Cited by 6 publications

(5 citation statements)

References 16 publications

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“…Correspondingtotheaforementionedfactors,multiplewebservicespricingmodelshavebeen proposed. Hee, Verbeek, Stahl, & Sidorova (2008) presented a framework for ensuring that web servicesinvolvedinacompositeserviceinteractproperly,andthenproposedapricingmechanismto incrementallycomputeitspriceunderano-cure-no-paysystem.Byconductinganonlineexperiment, Günther, Tamm, and Leymann (2007) investigated several pricing issues in service composition markets,focusingonthefactorsthatmayinfluencethepricingmodels. Safari,Babakhani,Sadjadi,Shahanaghi,&Naboureh(2015)developedacontinuoustimemodel foridentifyingthepricestrategiesofawebservice,tomaximizetheproviders'profits.Analgorithm wasproposedforestablishinganoptimalpricingstrategyasafunctionoftime,andnumericalanalysis wasconductedtoevaluatetheeffectofvariousparameters.…”

Section: Pricing Methods For Web Servicesmentioning

confidence: 99%

Bi-Objective Competition Pricing Model for Component Web Service Economy

2021

International Journal of Web Services Research

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In the web service marketplace, component-based economy has been proposed for describing participants' behavioral patterns. Composite service networks combine multiple composite services required by various service consumers. With each composite service as a product, web services comprise heterogeneous products. In this study, the pricing behavior of networked individual service providers is investigated. With the objective of service survival or high profitability, service providers compete both on the single-service and service-network levels. Using examples, several mild assumptions are formulated and analyzed. Then, a bi-objective optimization model is proposed based on these assumptions, which attempts to maintain a reasonable effectiveness-fairness trade-off from the individual service providers' perspective. The NP-completeness of the single-objective version is demonstrated by transforming the problem into a subset sum problem, which highlights the challenge of obtaining a pareto set for the bi-objective model. Finally, to validate the proposed model, numerical experimentation and case study are conducted, and both the bi-objective and many-objective versions of the problem are discussed.

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Section: Pricing Methods For Web Servicesmentioning

confidence: 99%

Bi-Objective Competition Pricing Model for Component Web Service Economy

2021

International Journal of Web Services Research

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“…Definition 7 [8]: Soundness of INP Let N be an interface Petri net. The skeleton of N is defined as the Petri net…”

Section: Preliminariesmentioning

confidence: 99%

“…a set of internal places;(3) T is a set of transitions; (4) F is a set of flow relations (5) I is a set of input placesi is the initial marking(8). f is the final marking, and f is a deadlock.We call the set O I ∪ is the interface places of the IPN.…”

mentioning

confidence: 99%

High Efficiency Algorithm of Correctness of Web Service Composition under Environment Constraint Based on IPN

Feng

Liu

2012

2012 11th International Symposium on Distributed Computing and Applications to Business, Engineering &Amp; Science

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The correctness of the composite Web service under the environment constraint needs new model and analyze methods. First, Web services domain and Web environment domain models based on interface Petri net are proposed. Then, an efficient determining algorithm about soundness of composite Web service is presented for the sake of analyzing the soundness of the composite Web service under the environment constraint. Finally, the algorithm is programmed and its validity is testified through the concrete example.

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“…These extensions enable us to analyze alternative activity costs, paths and even external partners before the service is executed. In addition to BPMN, Petri nets [24] can also be used to compute the expected cost of business processes [4].…”

Section: A Planningmentioning

confidence: 99%

“…Models and techniques are necessary to allow the cost accounting of business processes that are built by composing computational services. Many developments recently reported in the literature aim at managing, controlling and reducing the costs of computational services [4,5]. However, these developments often cover a specific and limited cost aspect subject to certain constraints, while in practice more comprehensive solutions are necessary.…”

Section: Introductionmentioning

confidence: 99%

A Survey of Cost Accounting in Service-Oriented Computing

Medeiros

Rosa

Campos

et al. 2014

2014 IEEE World Congress on Services

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Nowadays, companies are increasingly offering their business services through computational services on the Internet in order to attract more customers and increase their revenues. However, these services have financial costs that need to be managed in order to maximize profit. Several models and techniques have been recently reported that aim at managing, controlling and reducing service costs. However, each of these contributions covers a specific cost aspect subject to certain constraints, while in practice more comprehensive solutions are necessary. This paper presents a survey of models and techniques to handle service costs throughout the phases of the service lifecycle. Based on this survey, we identified a number of opportunities for future research, which should eventually yield comprehensive cost solutions.

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A Framework for Linking and Pricing No-Cure-No-Pay Services

Cited by 6 publications

References 16 publications

Bi-Objective Competition Pricing Model for Component Web Service Economy

Bi-Objective Competition Pricing Model for Component Web Service Economy

High Efficiency Algorithm of Correctness of Web Service Composition under Environment Constraint Based on IPN

A Survey of Cost Accounting in Service-Oriented Computing

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