{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,19]],"date-time":"2026-01-19T06:56:39Z","timestamp":1768805799817,"version":"3.49.0"},"reference-count":19,"publisher":"MDPI AG","issue":"2","license":[{"start":{"date-parts":[[2019,1,17]],"date-time":"2019-01-17T00:00:00Z","timestamp":1547683200000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/501100003329","name":"Ministerio de Econom\u00eda y Competitividad","doi-asserted-by":"publisher","award":["TIN2013-47272-C2-1- R"],"award-info":[{"award-number":["TIN2013-47272-C2-1- R"]}],"id":[{"id":"10.13039\/501100003329","id-type":"DOI","asserted-by":"publisher"}]},{"name":"Universitat Polit\u00e8cnica de Val\u00e8ncia - Instituto ITACA","award":["Convocatorias Ayudas 2018-5"],"award-info":[{"award-number":["Convocatorias Ayudas 2018-5"]}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Sensors"],"abstract":"<jats:p>A business model for sensor-based services is proposed where a platform creates a multi-sided market. The business model comprises a platform that serves as an intermediary between human users, app developers, and sensor networks, so that the users use the apps and the apps process the data supplied by the sensor networks. The platform, acting as a monopolist, posts a fee for each of the three sides so as to maximize its profit. This business model intends to mimic the market-creating innovation that main mobile apps platforms have generated in the smartphone sector. We conduct an analysis of the profit maximization problem faced by the platform, show that optimum prices exist for any parameter value, and show that these prices always induce an equilibrium in the number of agents from each side that join the platform. We show that the relative strength of the value that advertisers attach to the users determines the platform price structure. Depending on the value of this relative strength, two alternative subsidizing strategies are feasible: to subsidize either the users\u2019 subscription or the developers\u2019 registration. Finally, all agents benefit from an increase in the population at any of the three sides. This result provides a rationale for incentivizing not only the user participation, but also the entry of developer undertakings and the deployment of wireless sensor network infrastructure.<\/jats:p>","DOI":"10.3390\/s19020373","type":"journal-article","created":{"date-parts":[[2019,1,17]],"date-time":"2019-01-17T11:30:27Z","timestamp":1547724627000},"page":"373","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":8,"title":["Economic Analysis of a Multi-Sided Platform for Sensor-Based Services in the Internet of Things"],"prefix":"10.3390","volume":"19","author":[{"ORCID":"https:\/\/orcid.org\/0000-0001-9774-9728","authenticated-orcid":false,"given":"Luis","family":"Guijarro","sequence":"first","affiliation":[{"name":"Instituto ITACA, Universitat Polit\u00e8cnica de Val\u00e8ncia, 46020 Valencia, Spain"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-7137-1349","authenticated-orcid":false,"given":"Jose R.","family":"Vidal","sequence":"additional","affiliation":[{"name":"Instituto ITACA, Universitat Polit\u00e8cnica de Val\u00e8ncia, 46020 Valencia, Spain"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-0894-9494","authenticated-orcid":false,"given":"Vicent","family":"Pla","sequence":"additional","affiliation":[{"name":"Instituto ITACA, Universitat Polit\u00e8cnica de Val\u00e8ncia, 46020 Valencia, Spain"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-0903-398X","authenticated-orcid":false,"given":"Maurizio","family":"Naldi","sequence":"additional","affiliation":[{"name":"Dipartimento di Ingegneria Civile e Ingegneria Informatica, Universit\u00e0 di Roma Tor Vergata, 00133 Rome, Italy"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"1968","published-online":{"date-parts":[[2019,1,17]]},"reference":[{"key":"ref_1","doi-asserted-by":"crossref","first-page":"50","DOI":"10.1145\/1517480.1517491","article-title":"Initial observations on economics, pricing, and penetration of the internet of things market","volume":"39","author":"Bohli","year":"2009","journal-title":"ACM SIGCOMM Comput. 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