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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Modelling Quality and Pricing in Next Generation Telecom Networks

Modelling Quality and Pricing in Next Generation Telecom Networks
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Author(s): Vesna Radonjic Djogatovic (Faculty of Transport and Traffic Engineering, University of Belgrade, Serbia)and Marko Djogatovic (Faculty of Transport and Traffic Engineering, University of Belgrade, Serbia)
Copyright: 2021
Pages: 13
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch163

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Abstract

This chapter aims to provide new possibilities for service providers to enhance their revenues using the appropriate pricing scheme. Features and applicability of responsive pricing scheme and hybrid pricing for charging end users in next generation network are discussed. Game theory is used as an underlying concept for the implementation of pricing. In addition, transparent mapping of quality of service parameters to quality of business are considered, encompassing service price dependence on quality of service violation, which is consequently reflected on service provider's revenue.

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