Utility-based Adaptive Resource Allocation in Hybrid Wireless Networks

Curescu, Calin; Nadjm‐Tehrani, Simin; Cao, Bing; Dahlberg, Teresa A.

doi:10.1109/qshine.2005.63

Cited by 1 publication

(1 citation statement)

References 25 publications

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“…Utility functions was usually associated with a level of satisfaction that user get for the use of information services used specifically relating to maximize profits in achieving specific objectives which can be written with ( ) meaning that contribute utility-users indicating objective satisfaction [5], [6].…”

Section: Introductionmentioning

confidence: 99%

Utility Function-based Pricing Strategies in Maximizing the Information Service Provider’s Revenue with Marginal and Monitoring Costs

Sitepu

Puspita

Pratiwi

et al. 2017

IJECE

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Previous research only focus on maximizing revenue for pricing strategies for information good with regardless the marginal and monitoring costs. This paper aims to focus on the addition of marginal and monitoring costs into the pricing strategies to maintain the maximal revenue while introduce the costs incurred in adopting the strategies. The well-known utility functions applied to also consider the consumer’s satisfaction towards the service offered. The results show that the addition costs incurred for setting up the strategies can also increase the profit for the providers rather than neglecting the costs. It is also showed that the Cobb-Douglas utility functions used can enhance the notion of provider to optimize the revenue compared to quasi linear and perfect substitutes.

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Section: Introductionmentioning

confidence: 99%