Simple and Efficient Pricing Mechanisms for Multi-Service Networks
LCN '01 Proceedings of the 26th Annual IEEE Conference on Local Computer Networks
Price competition with service level guarantee in web services
Decision Support Systems
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A critical question facing network designers is how can real-time applications fairly share communication resources while simultaneously obtaining sufficient Quality-of-Service (QoS) levels from the network. This paper presents an end-to-end solution to this problem that combines an economic pricing model for resource sharing with a QoS network model. We describe a measurement-based approach for QoS path pricing that results in near-optimal resource allocation policies between QoS and best-effort traffic. We also present the results of a large-scale simulation study that shows how this pricing scheme increases both end-user value and system throughput with minimal computational overhead.