Proceedings of INFOCOM'95
DOI: 10.1109/infcom.1995.515988
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An approach to pricing, optimal allocation and quality of service provisioning in high-speed packet networks

Abstract: In this paper, we propose a new methodology based on economic models to provide Quality 0.f Service (QoS) guarantees to competing traffic classes (classes of sessions) in packet networks. We consider an economic model of a packet network where resources are priced. Traffic classes compete for network resources and they purchase them to satisfy their QoS needs. Our contributions are the following: 1) We provide a new definition for QoS provisioning based on economic models (Pareto efficiency). 2) We obtain the … Show more

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Cited by 66 publications
(29 citation statements)
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References 13 publications
(4 reference statements)
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“…The realization of these schemes requires advances in traffic specification [39,43], resource reservation [44], resource mapping [45][46][47] and admission control [48,49], scheduling algorithms 4 [39,[51][52][53][54] and queue management [55], along with various other control and management mechanisms such as traffic policing. Pricing design for multi-service networks has also witnessed a flurry of research activity [56][57][58][59][60][61][62][63][64][65]. While the transmission QoS literature provides a useful starting point for identifying the mechanisms needed for a distributed network storage infrastructure, we believe that there are fundamental differences between the two infrastructures that require more than simple adaptation of designs and architectures.…”
Section: Transmission-based Qosmentioning
confidence: 99%
“…The realization of these schemes requires advances in traffic specification [39,43], resource reservation [44], resource mapping [45][46][47] and admission control [48,49], scheduling algorithms 4 [39,[51][52][53][54] and queue management [55], along with various other control and management mechanisms such as traffic policing. Pricing design for multi-service networks has also witnessed a flurry of research activity [56][57][58][59][60][61][62][63][64][65]. While the transmission QoS literature provides a useful starting point for identifying the mechanisms needed for a distributed network storage infrastructure, we believe that there are fundamental differences between the two infrastructures that require more than simple adaptation of designs and architectures.…”
Section: Transmission-based Qosmentioning
confidence: 99%
“…The performance criteria of the system as a whole is determined by some combination of the performance criteria of the individual agents. Several papers apply versions of this model to decentralized resource allocation in computer systems 16,12,7,8,9,10,28,17,23,25].…”
Section: Why Use Economic Models?mentioning
confidence: 99%
“…Recently, microeconomic/game-theoretic approaches to resource allocation have received significant interest with application domains spanning a number of different con-texts [7,15,16,19,21,24,26,30,34,38,41,42,45,46]. The overall goal of this area is to formulate a resource allocation problem in the framework of microeconomics and game theory, and show that under certain conditions, the system achieves "desirable" allocations from stabilibity, fairness, and optimality points-of-view.…”
Section: Introductionmentioning
confidence: 99%
“…Several papers have addressed the issue of multi-class QoS provision in highspeed networks [7,22,31,42,41,38]. Some of the works employ a cooperative framework or place significant computing responsibilities on the part of the user [31,41], some investigate the effect of pricing incentives [7], and others represent flow/congestion control and routing models that only partially address the quality of service problem [22,34,42].…”
Section: Introductionmentioning
confidence: 99%