Internet economics : models, mechanisms and management / authored by Hans W. Gottinger.

Format:

Book

Author/Creator:

Gottinger, Hans W., author.

Language:

English

Subjects (All):

Internet.

Internet--Management--Congresses.

Physical Description:

1 online resource (222 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Sharjah, United Arab Emirates : Bentham Science Publishers, 2017.

Summary:

The internet represents a rapidly evolving set of technologies which is central to the development of a modern economy. Internet Economics: Models Mechanisms and Management integrates knowledge about internet service design with economic modelling principles (pricing cost and service models). Chapters highlight specific applications of the internet such as service provisioning cloud computing commerce business security network externalities social media and more recent developments such as the Internet of Things (IoT) the industrial internet data analytics and the use of big data to bring value to commercial ventures. Therefore readers will have a conceptual and practical framework for understanding the economics of internet infrastructure and service delivery.

Contents:

Intro

CONTENTS

FOREWORD

PREFACE

[Organization]

Organization

CONFLICT OF INTEREST

ACKNOWLEDGEMENTS

The Evolving Internet: Technology, Regulation and Pricing

1.1. INTRODUCTION

1.2. INDUSTRY STRUCTURE

1.3. TELECOMMUNICATIONS AND THE INTERNET

1.4. INTERNET PRICING

1.5. QUALITY OF SERVICE (QOS)

1.6. PRICING CONGESTION

1.7. COMPETITIVE BIDDING IN LARGE COMMUNICATION MARKETS

1.8. INTERNET AND TELECOMMUNICATIONS REGULATION

1.9. INTERNET COMMUNICATION TECHNOLOGIES: ATM AND B-ISDN

1.10. BURSTINESS

1.11. VIRTUAL CHANNEL

1.12. SIMPLE ECONOMICS OF INTERNET RESOURCE ALLOCATION AND PRICING

1.13. BANDWIDTH-BUFFER TRADEOFF

1.14. PRICING THE RESOURCES

The Price Function

Resource Balancing

1.15. PRICE ELASTICITIES

1.16. RESOURCE ALLOCATION ALGORITHM

REFERENCES

Network Economies for the Internet -Conceptual Models

2.1. INTRODUCTION

2.2. THE INTERNET AS A REFLECTION OF THE ECONOMY

Agents and Network Suppliers

Multiple Agent-Network Supplier Interaction

2.3. INTERNET RESOURCES

ATM and B-ISDN

Traffic in B-ISDN

Congestion Control

Service Discipline

2.4. THE RATIONALE OF ECONOMIC MODELS IN NETWORKING

Decentralization

Limiting Complexity

Pricing and Performance

Usage Accounting, Billing and Dimensioning

Administrative Domains

Scalability

2.5. MODELLING APPROACHES

Optimal Allocation and QoS

Scheduling and Pricing Mechanisms

Network and Server Economies

Allocation and Pricing Models

Specific Problems of Economic Resource Allocation

2.6. NETWORK ECONOMY

Utility Parameters

Packet Loss

2.7. EQUILIBRIUM PRICE AND CONVERGENCE

Competitive Pricing Algorithm (CPA)

2.8. EXAMPLE OF TWO AGENTS AND ONE SUPPLIER

CONCLUSION

APPENDIX

A. The Network Economy

B. The Server Economy

REFERENCES.

Network Economies for the Internet: Further Developments

3.1. INTRODUCTION

3.2. TWO EXAMPLES OF NETWORK OPERATIONS

Network Routing

Transaction Processing

3.3. A MODEL OF NETWORK AND SERVER ECONOMY

The Network Economy

Price Equilibrium

Proposition 3.1

Proposition 3.2

Agent Routing and Admission

Admission Control

The Server Economy

Multiple Agent Network Supplier Interaction

Proposition 3.3

Proposition 3.4

Transaction Routing

APPENDIX: PROOF OF PARETO OPTIMAL ALLOCATIONS

Internet Economics of Distributed Systems

4.1. INTRODUCTION

4.2. THE RATIONALE OF ECONOMIC MODELS IN NETWORKING

Organizational Domains

4.3. MECHANISM DESIGN APPROACHES

Server Economy: Architecture for Interaction

Access and Dissemination

Performance Requirements

Performance

4.4. ALLOCATION AND PRICING MODELS

Allocation Principles

4.5. THE DATA MANAGEMENT ECONOMY

4.6. STRATEGIC INTERNET MANAGEMENT ISSUES

Universal Access

Congestion Problems

Quality-of-Service Characteristics

Internet and Telecommunications Regulation

4.7. DISCUSSION

APPENDIX: SERVICE ARCHITECTURES FOR THE INTERNET ECONOMY

1. Centralized Read-Write (RW) Architecture

2. Centralized Transfer-Access (TA) Architecture

3. Decentralized Index Based (IB) Architecture

Specialized Features in Centralized and Decentralized Models

Performance Model for RW, TA and IB Architectures

Comparison of Response Time

Generalized Quality of Service on Queueing Networks for the Internet

5.1. INTRODUCTION

A Simple Mechanism Design

5.2. UTILITY AND QUEUEING PARAMETERS

Loss Probability Requirement: Utility Function.

Loss Probability Constraints

Max and Average Delay Requirements

Proposition 5.1

Proposition 5.2

Tail Probability Requirements: Utility Functions

5.3. SERVICE ECONOMY: ARCHITECTURE FOR INTERACTION

Network Platforms

6.1. INTRODUCTION

6.2. TWO-SIDED PLATFORMS

Assumptions and Implications

Platform Utility

Consumer Utility

6.3. REVIEW OF PLATFORM ECONOMICS

6.4. PLATFORM OPERATIONS

1. Amazon Web Services Platform

2. IP Multimedia Systems (IMS) Platform

3. Social Network Platform

The Internet of Things and the Industrial Internet

7.1. INTRODUCTION

7.2. BACKGROUND RESEARCH ON INTERNET OF THINGS

Industrial Driving Forces in the IoT Context

7.3. SPECIFIC TECHNOLOGIES AND USAGE

7.4. BREADTH OF APPLICATION AREAS

Smart Infrastructure

Healthcare

Supply Chains/Logistics

7.5. SECURITY OF THINGS

Privacy

7.6. ECONOMIC BENEFITS

7.7. FUTURE DIRECTIONS

SUMMARY AND CONCLUSION

APPENDIX: SMART HOME SKELETON DESIGN - AN ILLUSTRATIVE EXAMPLE

Smart Home Network

The Internet, Data Analytics and Big Data

8.1. INTRODUCTION

8.2. BIG DATA DIMENSIONS

8.3. THE 3 VS: ISSUES AND CHALLENGES

Heterogeneity

Scale

Timeliness

Complexity

Quality

Security and Privacy

8.4. BIG DATA ANALYTICS AND SECURITY CHALLENGE

8.5. BIG DATA ANALYTICS FOR INDUSTRY 4.0

8.6. STATISTICAL AND COMPUTATIONAL NEEDS FOR BIG DATA

Internet, Innovation and Macroeconomics

9.1. INTRODUCTION

9.2. BASICS OF NETWORK ECONOMY

9.3. ECONOMIC TRANSFORMATION

9.4. ASSESSING THE TRANSFORMATION

9.5. THE PRODUCTIVITY PARADOX

9.6. GROWTH PROCESSES

9.7. THE GLOBAL NETWORK ECONOMY

Intangible Assets.

Information Markets

ABBREVIATIONS

GLOSSARY

SUBJECT INDEX.

Notes:

Includes bibliographical references at the end of each chapters and index.

Description based on online resource; title from PDF title page (ebrary, viewed October 13, 2017).

ISBN:

9781681085463

1681085461

OCLC:

1006402938