Abstract
Network economics play an important role in managing quality of service (QoS) for wireless networks as well as in managing the unprecedented growth in mobile data traffic. By employing appropriate pricing strategies, wireless service providers (WSPs) can provide incentives to users to allow the best match between user needs and WSP offerings with the objective of maximizing both operator revenue and customer social welfare. We propose a dynamic and fair (D&F) pricing strategy in which users are charged based on both the quantity of data consumed as well as the achieved QoS. The D&F pricing strategy allows users to dynamically increase or decrease the quantity and quality of data consumed over the network. Since users pay based on their achieved quality, as opposed to the quality they requested in their subscription, they are fairly charged even during congestion. We present (a) an economic analysis for illustrating the pricing dynamics between users and WSPs and (b) a game-theoretic analysis between competing WSPs, to illustrate how the D&F pricing strategy can produce increased overall revenue.
Original language | English |
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Article number | 9454313 |
Pages (from-to) | 7294-7299 |
Number of pages | 6 |
Journal | IEEE Transactions on Vehicular Technology |
Volume | 70 |
Issue number | 7 |
DOIs | |
Publication status | Published - 2021 Jul |
Bibliographical note
Funding Information:Manuscript received November 13, 2020; revised April 20, 2021; accepted June 2, 2021. Date of publication June 14, 2021; date of current version July 20, 2021. This work was supported by the National Research Foundation (NRF) grants funded by the Korean Government (No. 2020R1A2C3006786 and 2020R1I1A1A01066031). The review of this article was coordinated by Prof. Ju Re. (Corresponding author: Sangheon Pack.) Ramneek and Sangheon Pack are with the School of Electrical Engineering, Korea University, Seoul 02841, Korea (e-mail: [email protected]; [email protected]).
Publisher Copyright:
© 1967-2012 IEEE.
Keywords
- Smart data pricing
- fairness
- game theory
- network economics
- quality of service
- social welfare
ASJC Scopus subject areas
- Automotive Engineering
- Aerospace Engineering
- Electrical and Electronic Engineering
- Applied Mathematics