• DocumentCode
    1979592
  • Title

    Fixed and market pricing for cloud services

  • Author

    Abhishek, Vineet ; Kash, Ian A. ; Key, Peter

  • Author_Institution
    Univ. of Illinois at Urbana-Champaign, Urbana, IL, USA
  • fYear
    2012
  • fDate
    25-30 March 2012
  • Firstpage
    157
  • Lastpage
    162
  • Abstract
    This paper considers two simple pricing schemes for selling cloud instances and studies the trade-off between them. We characterize the equilibrium for the hybrid system where arriving jobs can choose between fixed or the market based pricing. We provide theoretical and simulation based evidence suggesting that fixed price generates a higher expected revenue than the hybrid system.
  • Keywords
    cloud computing; commerce; pricing; cloud services; fixed pricing; hybrid system; market pricing; simple pricing schemes; trade-off; Cloud computing; Computational modeling; Integrated circuits; Pricing; Queueing analysis; Servers; Vectors;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computer Communications Workshops (INFOCOM WKSHPS), 2012 IEEE Conference on
  • Conference_Location
    Orlando, FL
  • Print_ISBN
    978-1-4673-1016-1
  • Type

    conf

  • DOI
    10.1109/INFCOMW.2012.6193479
  • Filename
    6193479