1 / 5

Economic Mechanisms

Economic Mechanisms. Grand Challenge: Design economic mechanisms that provide incentives for increasing the utility of the network Motivation Features Example Research Issues. Joint work with J ö rn Altmann & Linhai He. Economic Mechanisms. Service Provider Ecosystem. Network. Data.

rhea-howe
Download Presentation

Economic Mechanisms

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Economic Mechanisms Grand Challenge: Design economic mechanisms that provide incentives for increasing the utility of the network • Motivation • Features • Example • Research Issues Joint work with Jörn Altmann & Linhai He Economic Mechanisms

  2. Service Provider Ecosystem Network Data Planning and Resource Management Collection Pricing Economically Resource End - users / Efficient Service Resource Enterprises Providers Allocation Technology Data Data Collection Collection Content Service Providers Economics Business Relationship Stakeholder Motivation • Different application requirements • Enable new applications  higher revenues • Different user utilities • Enable market segmentation  higher revenues • More flexible economic arrangements • 800-service, third party billing, … • Various players get fair share of revenues • Incentive for improved services • Flexible peering agreements Revenues improve increases Service Quality Economic Mechanisms – Motivation

  3. Desirable Features of E.M. • Everybody is a player • Not simply social maximization • Designed for multi-provider and multi-business environment • Heterogeneous • Incentive-compatible • Don’t assume altruism • Scalable • 12,000+ ASes • Flexible: Support different service types • Dependable service, variable price • Dependable price, variable service • Catalyst for ecology • Network; Storage; Distribution; Contents; … Economic Mechanisms – Features

  4. monitor marks and process inter-network billing info p1+p2 + p1 + p2 Example • Simple protocol atcall set up time • Game between providers and users • Can be designed fordependable service • Price controlsutilization • Analysis shows that • In tandem network with at least 3 providers • If demand is the constraint Cooperation > Nash > Stackleberg • Suggests charging protocol • Ideas extend to complex topologies and capacity constraints (congestion pricing + revenue sharing) Economic Mechanisms – Examples

  5. Research Issues • Necessity of economics-networking synergy • Upgrades of networks require incentives • Incentives necessitate economic mechanisms • Economic mechanisms require protocols • Design of protocols that are flexible • Support different economic models • Suitable mechanisms • Impact on industry structure • Implementation considerations • Are overlays desirable? • Security Economic Mechanisms – Research Issues

More Related