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Locational Marginal Prices Scheme Considering Transmission Congestion and Network Losses
2014
Universal Journal of Electrical and Electronic Engineering
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In this approach, cost of transmission services is implemented together with LMP which represents energy price, network losses cost, and transmission congestion cost. ...
This manuscript presents a basic concept of nodal price modeling in a competitive electricity market and some special considerations on its formulation. ...
Introduction In a competitive market environment, bottlenecks in the transmission line will be an obstacle for perfect competition among the market participants. ...
doi:10.13189/ujeee.2014.020307
fatcat:ge4gpusj3vecvpo6bp6sw3elfu
Pricing for local and global WiFi markets
[article]
2014
arXiv
pre-print
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This paper analyzes two pricing schemes commonly used in WiFi markets: the flat-rate and the usage-based pricing. ...
In Stage I, the global provider bargains with the local provider in each market to determine the global WiFi service price and revenue sharing agreement. ...
In practice, we observe flat-rate pricing in most competition markets, as the usage-based pricing is complex and costly to manage. ...
arXiv:1407.4355v1
fatcat:74iof5ihordiljqc5xf5hebsfu
Network neutrality and the evolution of the internet
2011
International Journal of Management and Network Economics
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An economic framework for market driven network neutrality in broadband Internet is provided, consisting of congestion pricing and quality of service differentiation. ...
Abstract: In order to create incentives for Internet traffic providers not to discriminate with respect to certain applications on the basis of network capacity requirements, the concept of market driven ...
These opportunity costs can hardly be ignored when establishing competitive pricing strategies and should therefore survive under competition and free entry in Internet traffic service markets. ...
doi:10.1504/ijmne.2011.042578
fatcat:cclhsa3ifvejphtuo4xy7dxhnu
Pricing congestible network resources
1995
IEEE Journal on Selected Areas in Communications
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We explore the implications of flat pricing and congestion pricing for capacity expansion in centrally planned, competitive, and monopolistic environments. ...
In particular, we examine the implications of "congestion pricing" as a way to encourage efficient use of network resources. ...
Why is the competitive market price equal to the sum of congestion costs? ...
doi:10.1109/49.414634
fatcat:zksioydlvvclvpkq72vprmu6h4
The Role of Data Cap in Optimal Two-Part Network Pricing
2017
IEEE/ACM Transactions on Networking
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In this paper, we study the impact of data cap on the optimal twopart pricing schemes for congestion-prone service markets, e.g., broadband or cloud services. ...
We model users' demand and preferences over pricing and congestion alternatives and derive the market share and congestion of service providers under a market equilibrium. ...
This work is also supported in part by National Nature Science ...
doi:10.1109/tnet.2017.2750173
fatcat:3w7z6vn6knh6fe5q4h4vp6cr2i
Pricing for Local and Global Wi-Fi Markets
2015
IEEE Transactions on Mobile Computing
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This paper analyzes two pricing schemes commonly used in WiFi markets: the flat-rate and the usage-based pricing. ...
In Stage I, the global provider bargains with the local provider in each market to determine the global WiFi service price and revenue sharing agreement. ...
In practice, we observe flat-rate pricing in most competition markets, as the usage-based pricing is complex and costly to manage. Fig. 12 . The proof of Lemma 1 is given in Appendix C. ...
doi:10.1109/tmc.2014.2341626
fatcat:nnzyakewkrhjvprdy4wflhpp3e
How can routers help Internet economics?
1998
Proceedings of the first international conference on Information and computation economies - ICE '98
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At this limit, routers protect the network from congestive collapse by dropping additional traffic based on the type of service marks. ...
How can the network (routers) differentiate service so that it justifies differential pricing? ...
Both competition and variable pricing exist in telephone networks. ...
doi:10.1145/288994.289005
fatcat:p6llgbdxfba43ajvdwlquhus7a
Internet Resource Pricing Models, Mechanisms, and Methods
[article]
2011
arXiv
pre-print
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Finally, we conclude the paper and forecast the research direction on pricing strategy which is applicable to novel service situation in the near future. ...
On network resource pricing methods, we discuss the utility optimization in economics, and emphasize two classes of pricing methods (including system optimization and entities' strategic optimizations) ...
Such work is often based on different market structures (such as monopoly and competitive network) and network service mechanisms (such as best-effort and QoS guaranteed service network). ...
arXiv:1104.2005v1
fatcat:gul52jypabfefe7l3htxcxaneq
The Role of Data Cap in Optimal Two-part Network Pricing
2015
Proceedings of the 24th International Conference on World Wide Web - WWW '15
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In this paper, we study the impact of data cap on the optimal twopart pricing schemes for congestion-prone service markets, e.g., broadband or cloud services. ...
We model users' demand and preferences over pricing and congestion alternatives and derive the market share and congestion of service providers under a market equilibrium. ...
This work is also supported in part by National Nature Science ...
doi:10.1145/2736277.2741129
dblp:conf/www/WangMX15
fatcat:pigelqlkorhn7ijjy2yg6d4rh4
Some FAQs about usage-based pricing
1995
Computer networks and ISDN systems
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We argue that usage-based pricing is likely to come sooner or later and that some serious thought should be devoted to devising a sensible system of usage-based pricing. ...
This is a list of Frequently Asked Questions about usage-based pricing of the Internet. ...
Different approaches to allocating network usage
What are "smart" markets? In MacKie-Mason and Varian (1994a) we proposed a way to price network usage that we called "smart markets." ...
doi:10.1016/0169-7552(95)00096-1
fatcat:xoo4qs2ulfh4xls5bqgttydwaa
Some FAQs about Usage-Based Pricing
1995
Journal of Electronic Publishing
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We argue that usage-based pricing is likely to come sooner or later and that some serious thought should be devoted to devising a sensible system of usage-based pricing. ...
This is a list of Frequently Asked Questions about usage-based pricing of the Internet. ...
Different approaches to allocating network usage
What are "smart" markets? In MacKie-Mason and Varian (1994a) we proposed a way to price network usage that we called "smart markets." ...
doi:10.3998/3336451.0001.134
fatcat:royjippyp5cmvhxcet4cmg4t6m
An Advanced Method of Congestion Management for Optimal Energy Pricing
[chapter]
2010
Paths to Sustainable Energy
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Therefore the authors in this paper introduce schemes for incremental cost-based energy pricing model to deal with congestion including losses and transmission usage tariff, but simplify the method and ...
is when market power is exercised, since it may impede competition in power production, service quality and technological innovation (Shahidehpour et al., 2002) . ...
paths-to-sustainable-energy/an-advancedmethod-of-congestion-management-for-optimal-energy-pricing © 2010 The Author(s). ...
doi:10.5772/13004
fatcat:agtgtf7dj5gffij3faxillkm44
Commercial models for IP quality of service interconnect
2005
BT technology journal
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We give technical and economic arguments for why QoS will be provided in core and backbone networks as a bulk QoS facility incapable of distinguishing or charging differentially between sessions. ...
Interconnection of IP QoS capabilities between networks releases considerable value. In this paper we show where this value will be realised. ...
So, in a competitive (or well-regulated) retail market, usage charges will tend towards cost. ...
doi:10.1007/s10550-005-0015-4
fatcat:lope34k6qzffpmphz6bhj67gsq
Economic FAQs About the Internet
[chapter]
1997
Internet Economics
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We also expect that in a competitive market for network services, fluctuating congestion prices would usually be a "wholesale" phenomenon, and that intermediaries would repackage the services and offer ...
One of the first necessary steps for implementing usage-based pricing (either for congestion control or multiple service class allocation) is to measure and account for usage. ...
doi:10.7551/mitpress/3867.003.0006
fatcat:4dleqhv6wfgw7m4nuaqu3kerh4
Internet service classes under competition
2000
IEEE Journal on Selected Areas in Communications
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The reason is that a competition effect always outweighs a segmentation effect. Networks wish to offer multiple service classes in order to increase user benefits and hence charge higher prices. ...
In the model analyzed, a social planner who maximizes the total benefit from network usage and a profit maximizing monopolist will both form multiple service classes; but two networks competing to maximize ...
References [1] and [16] show that the degree of competition may be increased when both subscription-and usage-based pricing is allowed. ...
doi:10.1109/49.898732
fatcat:ywq7t47eyndnfoclzwhftbgo7q
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