A pricing model for high speed networks with guaranteed quality of service

Authors:
Hong Jiang;Scott Jordan
Affiliations:
Department of Electrical Engineering & Computer Science, Northwestern University, Evanston, IL;Department of Electrical Engineering & Computer Science, Northwestern University, Evanston, IL
Venue:
INFOCOM'96 Proceedings of the Fifteenth annual joint conference of the IEEE computer and communications societies conference on The conference on computer communications - Volume 2
Year:
1996

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Abstract

In this paper, we discuss the role of prices in combining user characterization, network resource allocation, and contract negotiation to form a complete connection establishment process. We suggest that such a process should encourage network efficiency through distributed resource allocation among virtual circuits, circuit bundles, and virtual paths. We adopt effective bandwidth as our user traffic characterization and our pricing base, and we measure network efficiency by total user benefit. We allow a limited degree of statistical multiplexing by incorporating multiplexing gain into the prices. Finally, we propose a hierarchical and distributed negotiation structure under which only hierarchically adjacent and geographically local network entities communicate with each other.