Maximizing revenue generation for the evolved packet system

The evolved packet system (EPS) integrates third generation partnership project (3GPP) and non-3GPP wireless access networks to provide mobile users with ubiquitous access to a diverse set of multimedia services. As we know, 3GPP and non-3GPP access networks differ significantly with respect to bandwidth capacity, coverage range, and service cost. It is crucial to enable efficient load balancing between 3GPP and non-3GPP access networks to improve resource utilization, and still maximize revenue generation. From an economic point of view, pricing plays an important role in achieving load balancing in the EPS. This paper proposes an access-aware pricing strategy for the EPS to achieve load balancing between 3GPP and non-3GPP access networks and to maximize revenue generation for network operators. In addition, this paper proposes an iterative method for determining the optimal pricing that maximizes revenue generation in the EPS.