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    ARTICLE

    Pricing Method for Big Data Knowledge Based on a Two-Part Tariff Pricing Scheme

    Chuanrong Wu1,*, Huayi Yin1, Xiaoming Yang2, Zhi Lu3, Mark E. McMurtrey4

    Intelligent Automation & Soft Computing, Vol.26, No.5, pp. 1173-1184, 2020, DOI:10.32604/iasc.2020.014961

    Abstract Nowadays big data knowledge is being bought and sold online for market research, new product development, or other business decisions, especially when customer demands and consumer preferences knowledge for new product development are needed. Previous studies have introduced two commonly used pricing schemes for big data knowledge transactions (e.g., cloud services): Subscription pricing and pay-per-use pricing from a big data knowledge provider’s standpoint. However, few studies to date have investigated a two-part tariff pricing scheme for big data knowledge transactions, albeit this pricing scheme may increasingly attract the big data knowledge providers in this hyper-competitive… More >

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