A token pricing scheme for internet services

Dongmyung Lee, Jeonghoon Mo, Jean Walrand, Jinwoo Park

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 Citations (Scopus)

Abstract

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.

Original languageEnglish
Title of host publicationEconomics of Converged, Internet-Based Networks - 7th International Workshop on Internet Charging and QoS Technologies, ICQT 2011, Proceedings
Pages26-37
Number of pages12
DOIs
Publication statusPublished - 2011 Oct 27
Event7th International Workshop on Internet Charging and QoS Technology, ICQT 2011, Collocated with the 7th International Conference on Network and Service Management, CNSM 2011 - Paris, France
Duration: 2011 Oct 242011 Oct 24

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume6995 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Other

Other7th International Workshop on Internet Charging and QoS Technology, ICQT 2011, Collocated with the 7th International Conference on Network and Service Management, CNSM 2011
CountryFrance
CityParis
Period11/10/2411/10/24

Fingerprint

Pricing
Internet
Costs
Resources
Welfare
Incentives
Expand
Quality of Service
Simplicity
Quality of service

All Science Journal Classification (ASJC) codes

  • Theoretical Computer Science
  • Computer Science(all)

Cite this

Lee, D., Mo, J., Walrand, J., & Park, J. (2011). A token pricing scheme for internet services. In Economics of Converged, Internet-Based Networks - 7th International Workshop on Internet Charging and QoS Technologies, ICQT 2011, Proceedings (pp. 26-37). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 6995 LNCS). https://doi.org/10.1007/978-3-642-24547-3_4
Lee, Dongmyung ; Mo, Jeonghoon ; Walrand, Jean ; Park, Jinwoo. / A token pricing scheme for internet services. Economics of Converged, Internet-Based Networks - 7th International Workshop on Internet Charging and QoS Technologies, ICQT 2011, Proceedings. 2011. pp. 26-37 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).
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Lee, D, Mo, J, Walrand, J & Park, J 2011, A token pricing scheme for internet services. in Economics of Converged, Internet-Based Networks - 7th International Workshop on Internet Charging and QoS Technologies, ICQT 2011, Proceedings. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), vol. 6995 LNCS, pp. 26-37, 7th International Workshop on Internet Charging and QoS Technology, ICQT 2011, Collocated with the 7th International Conference on Network and Service Management, CNSM 2011, Paris, France, 11/10/24. https://doi.org/10.1007/978-3-642-24547-3_4

A token pricing scheme for internet services. / Lee, Dongmyung; Mo, Jeonghoon; Walrand, Jean; Park, Jinwoo.

Economics of Converged, Internet-Based Networks - 7th International Workshop on Internet Charging and QoS Technologies, ICQT 2011, Proceedings. 2011. p. 26-37 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 6995 LNCS).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Lee D, Mo J, Walrand J, Park J. A token pricing scheme for internet services. In Economics of Converged, Internet-Based Networks - 7th International Workshop on Internet Charging and QoS Technologies, ICQT 2011, Proceedings. 2011. p. 26-37. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)). https://doi.org/10.1007/978-3-642-24547-3_4