Pricing is an effective tool to control congestion and achieve Quality of Service (QoS) provisioning for multiple differentiated levels of service. In this paper, we propose a practical, flexible and computationally simple pricing strategy that can achieve QoS provisioning in Differentiated Services networks with multiple priority classes operating in an efficient economic market, while also ma...

After reading this chapter you will: n appreciate the strategic significance of pricing decisions in marketing strategy n understand the approaches to pricing of the economist and accountant, together with their contributions and limitations in the context of the price setting process n apply a framework to pricing decisions based around the key inputs to these decisions n understand the main p...

With the Internet experiencing massive growth, new ways to recover ever rising costs and regulate network usage are becoming increasingly important. Several researchers have proposed pricing strategies and econometric models for regulating resource usage in a globally shared network environment. These approaches can take the form of simple \price setting", or can be more closely integrated with...

The stochastic nature of demand suggests that firms can benefit from applying dynamic pricing strategies, where pricing decisions are postponed until information about demand is revealed. Many service providers, however, announce prices in advance and do not frequently adjust them as a response to market conditions (i.e., static pricing). This may seem suboptimal when demand is high and the fir...

Pricing is an effective tool to control congestion and achieve QoS provisioning for multiple differentiated levels of service. In this paper, we propose a practical, flexible and computationally simple pricing strategy that can achieve QoS provisioning in Differentiated Services networks with multiple priority classes at close to peak efficiency, while also maintaining stable transmission rates...

In this paper, we analyze a scenario where a manufacturer with a traditional channel partner (i.e., a retailer) opens up a direct Internet channel that is in competition with the traditional channel partner. We first consider that in order to mitigate channel conflict the manufacturer, who chooses wholesale prices as a Stackelberg leader, commits to setting a direct channel retail price that ma...