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Eighth IEEE Symposium on Computers and Communications
Elasticity Considerations for Optimal Pricing of Networks
Kemer-Antalya, Turkey
June 30-July 03
ISBN: 0-7695-1961-X
| ASCII Text | x | ||
| Murat Yuksel, Shivkumar Kalyanaraman, "Elasticity Considerations for Optimal Pricing of Networks," 2012 IEEE Symposium on Computers and Communications (ISCC), pp. 163, Eighth IEEE Symposium on Computers and Communications, 2003. | |||
| BibTex | x | ||
| @article{ 10.1109/ISCC.2003.1214117, author = {Murat Yuksel and Shivkumar Kalyanaraman}, title = {Elasticity Considerations for Optimal Pricing of Networks}, journal ={2012 IEEE Symposium on Computers and Communications (ISCC)}, volume = {0}, year = {2003}, issn = {1530-1346}, pages = {163}, doi = {http://doi.ieeecomputersociety.org/10.1109/ISCC.2003.1214117}, publisher = {IEEE Computer Society}, address = {Los Alamitos, CA, USA}, } | |||
| RefWorks Procite/RefMan/Endnote | x | ||
| TY - CONF JO - 2012 IEEE Symposium on Computers and Communications (ISCC) TI - Elasticity Considerations for Optimal Pricing of Networks SN - 1530-1346 SP EP A1 - Murat Yuksel, A1 - Shivkumar Kalyanaraman, PY - 2003 KW - null VL - 0 JA - 2012 IEEE Symposium on Computers and Communications (ISCC) ER - | |||
Static optimization of networks by pricing has attracted significant attention over the last decade. These studies assumed concave utility functions for users and derived optimal pricing strategies for the network provider. In this paper, we consider effect of user?s elasticity to price and bandwidth on optimality of pricing. We first derive optimal pricing strategy for the case of logarithmic user utilities. Then, we investigate two types of elasticity for users: Demand-price elasticity and utility-bandwidth elasticity. By incorporating these two elasticities, we develop a non-logarithmic utility function for users. Finally, we derive an optimal pricing strategy for the non-logarithmic user utilities and illustrate that pricing strategy should be more conservative when the elasticities increase.
Citation:
Murat Yuksel, Shivkumar Kalyanaraman, "Elasticity Considerations for Optimal Pricing of Networks," iscc, pp.163, Eighth IEEE Symposium on Computers and Communications, 2003
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