Abstract
A dynamic pricing structure which is fair to both client and servers is discussed. The study is carried out by considering a representative demand curve characterizing the relation of price (p) versus the probability (q) that an arriving customer would accept the price and enter the system. The main criterion for deciding pricing and control strategy is revenue obtained by the web service provider. It has been found that by rejecting some customers, it is possible to make the system extremely profitable.
Original language | English (US) |
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Title of host publication | Proceedings - International Conference on Autonomic Computing |
Pages | 290-291 |
Number of pages | 2 |
State | Published - Sep 27 2004 |
Event | Proceedings - International Conference on Autonomic Computing - New York, NY, United States Duration: May 17 2004 → May 18 2004 |
Other
Other | Proceedings - International Conference on Autonomic Computing |
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Country/Territory | United States |
City | New York, NY |
Period | 5/17/04 → 5/18/04 |
All Science Journal Classification (ASJC) codes
- Engineering(all)