---
_id: '5690'
abstract:
- lang: eng
  text: In a world, where more and more businesses seem to trade in an online market,
    the supply of online services to supply the ever-growing demand could quickly
    reach its capacity limits. Online service providers may find themselves maxed
    out at peak operation levels during high-traffic timeslots but too little demand
    during low-traffic timeslots, although the latter is becoming less frequent. At
    this point not only deciding which user is allocated what level of service becomes
    essential, but also the magnitude of the service provided, can be controlled by
    pricing. Pricing is an important factor when efficient and acceptable allocation
    of resources between individuals must be reached. Without prices, transferring
    or sharing goods would be impossible. In sharing information, pricing a product
    however is not as simple as relatively pricing an apple or a pear. Often the costs,
    and hence the prices are simply unknown. Backed by this scenario, the online services
    market could be combined with the market design mechanism of diamonds. For this
    we propose an ultimatum pricing strategy which effectively allows for valuations
    to be accounted for, but no longer a necessity when pricing in grid, cloud or
    other online computing environments.
author:
- first_name: Christian
  full_name: Bodenstein, Christian
  last_name: Bodenstein
- first_name: Guido
  full_name: Schryen, Guido
  id: '72850'
  last_name: Schryen
- first_name: Dirk
  full_name: Neumann, Dirk
  last_name: Neumann
citation:
  ama: 'Bodenstein C, Schryen G, Neumann D. From “Take-it-or-leave-it” offers to “Take-it-or-be-left-out”
    Ultimatum - A trade mechanism for Online Services. In: <i>18th European Conference
    on Information Systems (ECIS 2010)</i>. ; 2010.'
  apa: Bodenstein, C., Schryen, G., &#38; Neumann, D. (2010). From “Take-it-or-leave-it”
    offers to “Take-it-or-be-left-out” Ultimatum - A trade mechanism for Online Services.
    In <i>18th European Conference on Information Systems (ECIS 2010)</i>.
  bibtex: '@inproceedings{Bodenstein_Schryen_Neumann_2010, title={From “Take-it-or-leave-it”
    offers to “Take-it-or-be-left-out” Ultimatum - A trade mechanism for Online Services},
    booktitle={18th European Conference on Information Systems (ECIS 2010)}, author={Bodenstein,
    Christian and Schryen, Guido and Neumann, Dirk}, year={2010} }'
  chicago: Bodenstein, Christian, Guido Schryen, and Dirk Neumann. “From ‘Take-It-or-Leave-It’
    Offers to ‘Take-It-or-Be-Left-out’ Ultimatum - A Trade Mechanism for Online Services.”
    In <i>18th European Conference on Information Systems (ECIS 2010)</i>, 2010.
  ieee: C. Bodenstein, G. Schryen, and D. Neumann, “From ‘Take-it-or-leave-it’ offers
    to ‘Take-it-or-be-left-out’ Ultimatum - A trade mechanism for Online Services,”
    in <i>18th European Conference on Information Systems (ECIS 2010)</i>, 2010.
  mla: Bodenstein, Christian, et al. “From ‘Take-It-or-Leave-It’ Offers to ‘Take-It-or-Be-Left-out’
    Ultimatum - A Trade Mechanism for Online Services.” <i>18th European Conference
    on Information Systems (ECIS 2010)</i>, 2010.
  short: 'C. Bodenstein, G. Schryen, D. Neumann, in: 18th European Conference on Information
    Systems (ECIS 2010), 2010.'
date_created: 2018-11-14T15:48:39Z
date_updated: 2022-01-06T07:02:34Z
ddc:
- '000'
department:
- _id: '277'
extern: '1'
file:
- access_level: open_access
  content_type: application/pdf
  creator: hsiemes
  date_created: 2018-12-11T15:22:41Z
  date_updated: 2018-12-13T15:20:13Z
  file_id: '6191'
  file_name: Take it or leave it - ECIS - Proof.pdf
  file_size: 247621
  relation: main_file
file_date_updated: 2018-12-13T15:20:13Z
has_accepted_license: '1'
keyword:
- Posted Price
- Ultimatum Game
- Energy Efficiency
- Mechanism Design
language:
- iso: eng
oa: '1'
publication: 18th European Conference on Information Systems (ECIS 2010)
status: public
title: From "Take-it-or-leave-it" offers to "Take-it-or-be-left-out" Ultimatum - A
  trade mechanism for Online Services
type: conference
user_id: '61579'
year: '2010'
...