publication . Article . 2013

Research on choices of methods of internet of things pricing based on variation of perceived value of service

Wei Li; Lijun Mei; Kai Nie;
Open Access English
  • Published: 01 Jan 2013 Journal: Journal of Industrial Engineering and Management, volume 6, issue 1, pages 175-187 (issn: 2013-8423, eissn: 2013-0953, Copyright policy)
  • Publisher: OmniaScience
  • Country: Spain
Abstract
<p><strong>Purpose:</strong> With the rapid progress of Internet of Things technology, the information service of IoT has got unprecedented development, and plays an increasingly important role in real life. For the increasing demand of information service, the pricing of information service becomes more important. This paper aims to analyze the strategic options and payoff function between information provider and intermediaries based on Stackelberg game. Firstly, we describe information service delivery method based on the Internet of Things specific function. Secondly, we calculate the consumer demand for the information service. Finally, we explain two kinds...
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Subjects
free text keywords: Internet of things, individual pricing, bundling pricing, services pricing, Internet of things, individual pricing, bundling pricing, services pricing, :Economia i organització d'empreses::Direcció d'operacions::Estratègia operativa [Àrees temàtiques de la UPC], Electronic commerce, Comerç electrònic, Strategy and Management, Industrial and Manufacturing Engineering, lcsh:Industrial engineering. Management engineering, lcsh:T55.4-60.8, lcsh:Social Sciences, lcsh:H, lcsh:Commerce, lcsh:HF1-6182, lcsh:Business, lcsh:HF5001-6182, ddc:650, Knowledge management, business.industry, business, Stackelberg competition, Internet of Things, Profit maximization, Service delivery framework, Information system, Game theory, Consumer demand, Intermediary, Marketing, Economics
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