Pricing Communication Networks

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Recent advances in technology, combined with the deregulation of the telecommunication market and the proliferation of the Internet, have created a highly competitive environment for communication service providers. There is no simple recipe for pricing network service contracts in all contexts. Pricing is a complex subject, which depends on parameters of the actual market - including the degree of competition and customer demand - and parameters of technology, such as resource consumption, network architecture, resource availability, and cost. "Pricing Communication Networks: Economics, Technology and Modelling" covers many important issues in providing new services, the relation between pricing and resource allocation in networks, and the emergence of the Internet and its pricing. It provides a framework of mathematical models for pricing multidimensional contracts with quality of service guarantees, and includes a useful background on network services and contracts, network technology, basic economics, and pricing strategy. Provides a broad overview of network services and contracts. Includes a primer on modern network technology and the economic concepts relevant to pricing and competition. Discusses mathematical models for multiplexing bursty traffic flows, and applies these to measuring network capability and deriving pricing strategies for services with statistical quality guarantees. Discusses definitions of cost for communication networks and explains the intricacies of cost-based pricing. Explains congestion pricing and its potential applications in the Internet. Illustrated throughout by detailed examples and figures.Includes coverage of specialist topics, such as regulation, multicasting, interconnection, and auctions. "Pricing Communication Networks: Economics, Technology and Modelling" is an essential reference for graduate students, researchers and practitioners from electrical engi