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Insurance-Based Business Web Services Composition

An Liu, Liu Wenyin, Liusheng Huang, Qing Li and Mingjun Xiao
Additional contact information
An Liu: University of Science & Technology of China, China
Liu Wenyin: City University of Hong Kong, China
Liusheng Huang: University of Science & Technology of China, China
Qing Li: City University of Hong Kong, China
Mingjun Xiao: University of Science & Technology of China, China

International Journal of Organizational and Collective Intelligence (IJOCI), 2010, vol. 1, issue 2, 67-82

Abstract: As more web services that implement core functions of business are delivered to customers with service charges, an open and competitive business web services market must be established. However, the qualities of these business web services are unknown without real experiences and users are unable to make decisions on service selection. To address this problem, the authors adopt insurance into business web services composition. In this paper, the authors propose three insurance models for business web services. Based on the insurance models, the authors propose an approach to compute the expected profit of composite business web services, which can be used as a criterion for business web services composition. The insurance of business web services and the criterion for business web services composition will help service competition and boost the development of more business web services and the software industry.

Date: 2010
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