| Author: | Masuda, Y. Whang, S. |
| Title: | Dynamic pricing for network service: equilibrium and stability. |
| Journal: | Management Science
1999 : JUN, VOL. 45:6, p. 857-869 |
| Index terms: | Management techniques Network analysis Pricing |
| Language: | eng |
| Abstract: | The objective of this article is to study pricing mechanisms that include the optimal arrival rates when the system manager has no full knowledge of the demand in advance. The authors investigate the system behavior under three alternative dynamic pricing rules and users' expectations models, and characterize the equilibrium and its stability conditions. |
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