Pricing for Rate Allocation in Unicast Service Provisioning is Informationally Efficient

We establish the informational efficiency of the pricing mechanism for unicast service provisioning, a class of decentralized resource allocation problems that arise in communication networks. We also present instances of network resource allocation problems where users are price takers and pricing...

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Bibliographic Details
Main Authors: Stoenescu, T.M., Teneketzis, D.
Format: Conference Proceeding
Language:English
Subjects:
Communication networks
Information science
Intelligent networks
Intserv networks
Laboratories
Pricing
Resource management
Routing
Space technology
Unicast
Online Access:Request full text
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Description
Summary:We establish the informational efficiency of the pricing mechanism for unicast service provisioning, a class of decentralized resource allocation problems that arise in communication networks. We also present instances of network resource allocation problems where users are price takers and pricing mechanisms are not informationally efficient.
ISSN:0191-2216
DOI:10.1109/CDC.2005.1582309