A Dynamic Pricing Model of Service Provider with Different QoS Levels in Web Networks

Author

Pan, Wei ; Yue, Wuyi ; Wang, Shouyang

Author_Institution

Inst. of Intell. Inf. & Commun. Technol., Konan Univ., Kobe, Japan

fYear

2009

fDate

16-17 May 2009

Firstpage

735

Lastpage

739

Abstract

In this paper, we propose a new continuous time model with price and time sensitive demand to consider dynamic pricing, order cancellation ration and different quality of service(QoS) levels in Web networks. Then, we present a solution procedure to determine the optimal number of selling stages, the optimal price and service capacity. Finally, a numerical example is presented to illustrate the proposed method. The results show that the proposed method is an effective method for solving dynamic pricing policy of service provider with different QoS levels in web networks.

Keywords

Web services; continuous time systems; pricing; quality of service; telecommunication services; QoS level; Web network; continuous time model; dynamic pricing model; order cancellation ration; price sensitive demand; service capacity; service provider; time sensitive demand; Communications technology; Electronic commerce; Informatics; Intelligent networks; Marketing and sales; Mathematical model; Mathematics; Pricing; Quality of service; Web services; Dynamic Pricing Model; QoS; Web Networks;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Engineering and Electronic Commerce, 2009. IEEC '09. International Symposium on

Conference_Location

Ternopil

Print_ISBN

978-0-7695-3686-6

Type

conf

DOI

10.1109/IEEC.2009.160

Filename

5175218