A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement
Resumen:
Providing Assured-Quality Services over data networks has been a key objective for the past few decades. Research and commercial activities have been focused on several aspects related to this main objective, such as implementing services over heterogeneous networks, providing scalable solutions and verifying network performance. However, less attention has been devoted to the interaction of these technical aspects with the business plane. Although several quality-based pricing schemes have been proposed, reimbursement proposals, while quite common in other scenarios as health, hotel reservation or airlines, are still rare in the field of Internet Economics. In this work, we propose a simple pricing scheme and study it in detail, in order to use Quality of Service monitoring information as feedback to the business plane, with the ultimate objective of improving the seller s revenue. In our framework, Assured-Quality Services are sold through first-price auctions, and in case of failure, a percentage of the price paid for the service is given back to the buyers. We derive the expression for the willingness to pay and we model the reimbursement problem through a zero-sum Stackelberg game. We show that the Nash equilibrium of such game implies reimbursing 100 % in case of failures.
2013 | |
Telecomunicaciones | |
Inglés | |
Universidad de la República | |
COLIBRI | |
https://hdl.handle.net/20.500.12008/41751 | |
Acceso abierto | |
Licencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0) |
_version_ | 1807522938533969920 |
---|---|
author | Amigo, Isabel |
author2 | Belzarena, Pablo Vaton, Sandrine |
author2_role | author author |
author_facet | Amigo, Isabel Belzarena, Pablo Vaton, Sandrine |
author_role | author |
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collection | COLIBRI |
dc.creator.none.fl_str_mv | Amigo, Isabel Belzarena, Pablo Vaton, Sandrine |
dc.date.accessioned.none.fl_str_mv | 2023-12-11T19:57:35Z |
dc.date.available.none.fl_str_mv | 2023-12-11T19:57:35Z |
dc.date.issued.es.fl_str_mv | 2013 |
dc.date.submitted.es.fl_str_mv | 20231211 |
dc.description.abstract.none.fl_txt_mv | Providing Assured-Quality Services over data networks has been a key objective for the past few decades. Research and commercial activities have been focused on several aspects related to this main objective, such as implementing services over heterogeneous networks, providing scalable solutions and verifying network performance. However, less attention has been devoted to the interaction of these technical aspects with the business plane. Although several quality-based pricing schemes have been proposed, reimbursement proposals, while quite common in other scenarios as health, hotel reservation or airlines, are still rare in the field of Internet Economics. In this work, we propose a simple pricing scheme and study it in detail, in order to use Quality of Service monitoring information as feedback to the business plane, with the ultimate objective of improving the seller s revenue. In our framework, Assured-Quality Services are sold through first-price auctions, and in case of failure, a percentage of the price paid for the service is given back to the buyers. We derive the expression for the willingness to pay and we model the reimbursement problem through a zero-sum Stackelberg game. We show that the Nash equilibrium of such game implies reimbursing 100 % in case of failures. |
dc.identifier.citation.es.fl_str_mv | Amigo, I, Belzarena, P, Vaton, S. "A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement" [Preprint] Publicado en Netnomics, 2013, 14, pp. 69–93 https://doi.org/10.1007/s11066-013-9078-4 |
dc.identifier.uri.none.fl_str_mv | https://hdl.handle.net/20.500.12008/41751 |
dc.language.iso.none.fl_str_mv | en eng |
dc.rights.license.none.fl_str_mv | Licencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0) |
dc.rights.none.fl_str_mv | info:eu-repo/semantics/openAccess |
dc.source.none.fl_str_mv | reponame:COLIBRI instname:Universidad de la República instacron:Universidad de la República |
dc.subject.other.es.fl_str_mv | Telecomunicaciones |
dc.title.none.fl_str_mv | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
dc.type.es.fl_str_mv | Preprint |
dc.type.none.fl_str_mv | info:eu-repo/semantics/preprint |
dc.type.version.none.fl_str_mv | info:eu-repo/semantics/submittedVersion |
description | Providing Assured-Quality Services over data networks has been a key objective for the past few decades. Research and commercial activities have been focused on several aspects related to this main objective, such as implementing services over heterogeneous networks, providing scalable solutions and verifying network performance. However, less attention has been devoted to the interaction of these technical aspects with the business plane. Although several quality-based pricing schemes have been proposed, reimbursement proposals, while quite common in other scenarios as health, hotel reservation or airlines, are still rare in the field of Internet Economics. In this work, we propose a simple pricing scheme and study it in detail, in order to use Quality of Service monitoring information as feedback to the business plane, with the ultimate objective of improving the seller s revenue. In our framework, Assured-Quality Services are sold through first-price auctions, and in case of failure, a percentage of the price paid for the service is given back to the buyers. We derive the expression for the willingness to pay and we model the reimbursement problem through a zero-sum Stackelberg game. We show that the Nash equilibrium of such game implies reimbursing 100 % in case of failures. |
eu_rights_str_mv | openAccess |
format | preprint |
id | COLIBRI_f1e8109e6d1860356f0f1127558e5c3c |
identifier_str_mv | Amigo, I, Belzarena, P, Vaton, S. "A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement" [Preprint] Publicado en Netnomics, 2013, 14, pp. 69–93 https://doi.org/10.1007/s11066-013-9078-4 |
instacron_str | Universidad de la República |
institution | Universidad de la República |
instname_str | Universidad de la República |
language | eng |
language_invalid_str_mv | en |
network_acronym_str | COLIBRI |
network_name_str | COLIBRI |
oai_identifier_str | oai:colibri.udelar.edu.uy:20.500.12008/41751 |
publishDate | 2013 |
reponame_str | COLIBRI |
repository.mail.fl_str_mv | mabel.seroubian@seciu.edu.uy |
repository.name.fl_str_mv | COLIBRI - Universidad de la República |
repository_id_str | 4771 |
rights_invalid_str_mv | Licencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0) |
spelling | 2023-12-11T19:57:35Z2023-12-11T19:57:35Z201320231211Amigo, I, Belzarena, P, Vaton, S. "A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement" [Preprint] Publicado en Netnomics, 2013, 14, pp. 69–93 https://doi.org/10.1007/s11066-013-9078-4https://hdl.handle.net/20.500.12008/41751Providing Assured-Quality Services over data networks has been a key objective for the past few decades. Research and commercial activities have been focused on several aspects related to this main objective, such as implementing services over heterogeneous networks, providing scalable solutions and verifying network performance. However, less attention has been devoted to the interaction of these technical aspects with the business plane. Although several quality-based pricing schemes have been proposed, reimbursement proposals, while quite common in other scenarios as health, hotel reservation or airlines, are still rare in the field of Internet Economics. In this work, we propose a simple pricing scheme and study it in detail, in order to use Quality of Service monitoring information as feedback to the business plane, with the ultimate objective of improving the seller s revenue. In our framework, Assured-Quality Services are sold through first-price auctions, and in case of failure, a percentage of the price paid for the service is given back to the buyers. We derive the expression for the willingness to pay and we model the reimbursement problem through a zero-sum Stackelberg game. We show that the Nash equilibrium of such game implies reimbursing 100 % in case of failures.Made available in DSpace on 2023-12-11T19:57:35Z (GMT). No. of bitstreams: 5 ABV13.pdf: 345588 bytes, checksum: b2a2625b08fbfbbc994c651000e3de81 (MD5) license_text: 21936 bytes, checksum: 9833653f73f7853880c94a6fead477b1 (MD5) license_url: 49 bytes, checksum: 4afdbb8c545fd630ea7db775da747b2f (MD5) license_rdf: 23148 bytes, checksum: 9da0b6dfac957114c6a7714714b86306 (MD5) license.txt: 4244 bytes, checksum: 528b6a3c8c7d0c6e28129d576e989607 (MD5) Previous issue date: 2013enengLas obras depositadas en el Repositorio se rigen por la Ordenanza de los Derechos de la Propiedad Intelectual de la Universidad De La República. (Res. Nº 91 de C.D.C. de 8/III/1994 – D.O. 7/IV/1994) y por la Ordenanza del Repositorio Abierto de la Universidad de la República (Res. Nº 16 de C.D.C. de 07/10/2014)info:eu-repo/semantics/openAccessLicencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0)TelecomunicacionesA pricing scheme for QoS in overlay networks based on first-price auctions and reimbursementPreprintinfo:eu-repo/semantics/preprintinfo:eu-repo/semantics/submittedVersionreponame:COLIBRIinstname:Universidad de la Repúblicainstacron:Universidad de la RepúblicaAmigo, IsabelBelzarena, PabloVaton, SandrineTelecomunicacionesAnálisis de Redes, Tráfico y Estadísticas de 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- Universidad de la Repúblicafalse |
spellingShingle | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement Amigo, Isabel Telecomunicaciones |
status_str | submittedVersion |
title | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
title_full | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
title_fullStr | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
title_full_unstemmed | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
title_short | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
title_sort | A pricing scheme for QoS in overlay networks based on first-price auctions and reimbursement |
topic | Telecomunicaciones |
url | https://hdl.handle.net/20.500.12008/41751 |