Title :
A Proposal for Pricing Substitute Guaranteed Services
Author :
Postigo-Boix, Marcos ; Melús-Moreno, José L.
Author_Institution :
Univ. Politec. de Catalunya (UPC), Barcelona, Spain
fDate :
1/1/2011 12:00:00 AM
Abstract :
This letter proposes a novel and open method for pricing substitute elastic services in a streaming content delivery scenario when their Grade of Service (GoS) is guaranteed. The method forces each Service Provider (SP) to calculate the rate for each substitute service that guarantees the GoS. The price of each service is obtained according to the maximization of a chosen revenue function and the estimation of its demand function. This letter illustrates the method calculating the price of two substitute services with a selected exponential demand function, where the assignation of the prices depend on the maximization of a selected revenue function.
Keywords :
pricing; telecommunication services; telecommunication signalling; content delivery streaming; demand function estimation; exponential demand function; grade of service; pricing substitute elastic services; pricing substitute guaranteed services; revenue function maximization; service provider; Aggregates; Analytical models; Bandwidth; Elasticity; Estimation; Pricing; Proposals; GoS; SLA; aggregate demand function; guaranteed substitute services; maximization of revenues; pricing;
Journal_Title :
Communications Letters, IEEE
DOI :
10.1109/LCOMM.2010.01.101336