Pricing the Internet: The One-Component versus Two-Component Pricing Mechanism - An Evaluation
نویسنده
چکیده
This paper investigates the efficiency of one-component pricing mechanisms versus twocomponent pricing mechanisms. The paper deals with four pricing mechanisms used in the Internet, namely, flat rate pricing, usage-based pricing, transaction-based pricing and version-based pricing for the analysis. The objective of the paper is to evaluate and analyse the ways in which the usage-based pricing mechanism is more efficient than one-component-based pricing and this evaluation has been made in accordance with the four examples cited. The paper observes the efficiency of the two-component pricing mechanism structure from both the sellers' and buyers' perspective and clears the way for further research in this area.
منابع مشابه
Modifying nodal pricing method considering market participants optimality and reliability
This paper develops a method for nodal pricing and market clearing mechanism considering reliability of the system. The effects of components reliability on electricity price, market participants’ profit and system social welfare is considered. This paper considers reliability both for evaluation of market participant’s optimality as well as for fair pricing and market clearing mechanism. To ac...
متن کاملThreshold F-policy and N-policy for multi-component machining system with warm standbys
The integration of marketing and demand with logistics and inventories (supply side of companies) may cause multiple improvements; it can revolutionize the management of the revenue of rental companies, hotels, and airlines. In this paper, we develop a multi-objective pricing-inventory model for a retailer. Maximizing the retailer's profit and the service level are the objectives, and shorta...
متن کاملA Two-component Spot Pricing Framework for Loss-rate Guaranteed Internet Service Contracts
The technological advances in recent years are allowing Internet Service Providers (ISPs) to provide Quality of Service (QoS) assurance for traffic through their domains. This article develops a spot pricing framework for intra-domain expected bandwidth contract with'a loss based QoS guarantee. The framework accounts for both the cost and the risks associated with QoS delivery. A nonlinear pric...
متن کاملAmbiguity Theory and Asset Pricing: Empirical Evidence from Tehran Stock Exchange
Modern portfolio theory is based on the relationship between risk and return and in this paper, specific uncertainty conditions are introduced as ambiguity which affects the asset pricing. Also, the relationship between risk, ambiguity and return is examined. First, ambiguity is estimated by the means of three-variable and main component method, trading volume, ask-bid spread, error of earnings...
متن کاملCoordination of Pricing, Ordering, and Lead time Decisions in a Manufacturing Supply Chain
In this paper, an incentive policy is proposed to coordinate ordering, lead time, and pricing strategies in a two-echelon manufacturing supply chain (SC) consisting of one manufacturer and one retailer. The system is faced with a stochastic demand which depends on both price and lead time. The manufacturer decides on production size and manufacturing acceleration rate while the retailer determi...
متن کامل