Internet Economics: Models, Mechanisms and Management

Internet Economics: Models, Mechanisms and Management

The internet represents a rapidly evolving set of technologies which is central to the development of a modern economy. Internet Economics: Models, Mechanisms and Management integrates knowledge ...
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Network Economies for the Internet: Further Developments

Pp. 56-74 (19)

Hans W. Gottinger

Abstract

We consider specific examples of network economies with network routing and transaction processing. Any of these examples capture a structural model of the network economy with Pareto optimality and price equilibrium for agents competing for resources from emerging suppliers. A routing algorithm establishes the dynamic nature of of session arrival and departure.

Keywords:

Admission Control, Agent Routing, A Server Economy, Burstiness, e-Commerce, Loss probability, Network Economy, Network Routing, Optimal Allocation, Packet probability utility function, Pareto Optimality, Price Equilibrium, QoS demands, Server Economy, Traffic Classes, Transaction Processing.

Affiliation:

STRATEC Munich, Germany.