Service Decision with Consideration of Price in Competitive Market
When a new service composition is introduced, the new service product will lead competition to service market available. Both service integrator who introduce the new service and its competitor have to face the competive challenge. Therefore, we establish a model with two object in which one is to maximize benefit growth by introduction of new service composition, the other is to minimize reduction to profit available of the service integrator itself. The model focus on goods attribute of service composition which is scarcely involved in recent research on service composition. Finally, we present a algorithm to solve the model and an example is given, the result indicates that the model and algorithm can get approximate solution effectively.
KeywordsComposition competitive equilibrium cluster
Unable to display preview. Download preview PDF.
- 1.Liu, D.: A distributed data-flow model for composing software services. PhD Thesis, Department of Electrical Engineering, Stanford University (2003)Google Scholar
- 2.Liu, D., Sample, N., Peng, J., Law, K.H., Wiederhold, G.: Active mediation technology for service composition. In: Proceedings of workshop on component-based business information systems engineering (CBBISE 2003), Geneva,Switzerland (2003)Google Scholar
- 4.Youlong, L., Guihua, N.: Cost Optimatize Algorithm for Hub-and-Spoke Logistic Network. In: International Conference on Management and Service Science (MASS), pp. 1–4 (August 2010)Google Scholar