Introduction to Stochastic Dynamic Programming: Probability and Mathematical
Introduction to Stochastic Dynamic Programming: Probability and Mathematical
A mathematical model of the Paris metro pricing scheme for charging packet networks
Computer Networks: The International Journal of Computer and Telecommunications Networking - Special issue: Internet economics: Pricing and policies
Impact of QoS on Internet User Welfare
WINE '08 Proceedings of the 4th International Workshop on Internet and Network Economics
QoS control in the 3GPP evolved packet system
IEEE Communications Magazine
On the viability of paris metro pricing for communication and service networks
INFOCOM'10 Proceedings of the 29th conference on Information communications
Internet service classes under competition
IEEE Journal on Selected Areas in Communications
IEEE Journal on Selected Areas in Communications
Pricing congestible network resources
IEEE Journal on Selected Areas in Communications
A survey of smart data pricing: Past proposals, current plans, and future trends
ACM Computing Surveys (CSUR)
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Flat-rate pricing has been the dominant scheme for tariffing Internet services due to its popularity and simplicity. However, this scheme does not provide incentives for users to use network resources efficiently. As the demand for wireless video and other resource-intensive services grows faster than the providers' ability to expand the network capacity, this inefficiency becomes critical. This situation has led numerous researchers and practitioners to explore new pricing schemes. In this spirit, we introduce a pricing scheme called Token Pricing that is both practical and efficient. As in flat-rate pricing, the users face a fixed price. However, users consume tokens when they want a higher quality of service while the network is congested. This mechanism encourages users to congest the network only when they have a high utility for the service. As a result, users make a better use of the resources and the social welfare increases.