Optimal pricing strategy for wireless social community networks

Amin Mazloumian, Mohammad Hossein Manshaei, Mark Félegyházi, Jean Pierre Hubaux

Research output: Chapter in Book/Report/Conference proceedingConference contribution

10 Scopus citations

Abstract

Wireless social community operators rely on subscribers who constitute a community of users. The pricing strategy of the provided wireless access is an open problem for this new generation of wireless access providers. In this paper, using both analytical and simulation approaches, we study the problem comprised of modeling user subscription and mobility behavior and of coverage evolution with the objective of finding optimal subscription fees. We compute optimal prices with both static and semi-dynamic pricing. Coping with an incomplete knowledge about users, we calculate the best static price and prove that optimal fair pricing is the optimal semi-dynamic pricing. Moreover, we have developed a simulator to verify optimal prices of social community operators with complete and incomplete knowledge. Our results show that the optimal fair pricing strategy significantly improves the cumulative payoff of social community operators.

Original languageEnglish (US)
Title of host publicationSIGCOMM 2008 Conference and the Co-located Workshops - Proceedings of the 3rd International Workshop on Economics of Networked Systems, NetEcon'08
Pages103-108
Number of pages6
DOIs
StatePublished - 2008
Externally publishedYes
EventSIGCOMM 2008 Conference and the co-located Workshops - 3rd International Workshop on Economics of Networked Systems, NetEcon'08 - Seattle, WA, United States
Duration: Aug 17 2008Aug 22 2008

Publication series

NameSIGCOMM 2008 Conference and the Co-located Workshops - Proceedings of the 3rd International Workshop on Economics of Networked Systems, NetEcon'08

Conference

ConferenceSIGCOMM 2008 Conference and the co-located Workshops - 3rd International Workshop on Economics of Networked Systems, NetEcon'08
Country/TerritoryUnited States
CitySeattle, WA
Period8/17/088/22/08

Keywords

  • Pricing
  • Wireless internet service providers
  • Wireless social community

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Hardware and Architecture
  • Control and Systems Engineering

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