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Market-Based Call Routing in Telecommunications Networks Using Adaptive Pricing and Real Bidding

Market-Based Call Routing in Telecommunications Networks Using Adaptive Pricing and Real Bidding
Market-Based Call Routing in Telecommunications Networks Using Adaptive Pricing and Real Bidding
We present a market-based approach to call routing in telecommunications networks. A system architecture is described that allows self-interested agents, representing various network resources, potentially owned by different real world enterprises, to co-ordinate their resource allocation decisions without assuming a priori co-operation. It is argued that such an architecture has the potential to provide a distributed, robust and efficient means of traffic management. In particular, our architecture uses an adaptive pricing and inventory setting strategy, base don real bidding, to reduce call blocking in a simulated telecommunications network.
50-65
Gibney, M. J.
abade859-19b1-451f-a662-9fb038b5926c
Jennings, N. R.
ab3d94cc-247c-4545-9d1e-65873d6cdb30
Vriend, N. J.
0bbfa70c-ec70-45e2-80bd-d17b715a92f7
Griffiths, J. M.
fcd3ef47-e43d-4e21-9d63-4e1b1caa4778
Gibney, M. J.
abade859-19b1-451f-a662-9fb038b5926c
Jennings, N. R.
ab3d94cc-247c-4545-9d1e-65873d6cdb30
Vriend, N. J.
0bbfa70c-ec70-45e2-80bd-d17b715a92f7
Griffiths, J. M.
fcd3ef47-e43d-4e21-9d63-4e1b1caa4778

Gibney, M. J., Jennings, N. R., Vriend, N. J. and Griffiths, J. M. (1999) Market-Based Call Routing in Telecommunications Networks Using Adaptive Pricing and Real Bidding. 3rd Int. Workshop on Multi-Agent Systems and Telecommunications (IATA-99), Stockholm, Sweden. pp. 50-65 .

Record type: Conference or Workshop Item (Paper)

Abstract

We present a market-based approach to call routing in telecommunications networks. A system architecture is described that allows self-interested agents, representing various network resources, potentially owned by different real world enterprises, to co-ordinate their resource allocation decisions without assuming a priori co-operation. It is argued that such an architecture has the potential to provide a distributed, robust and efficient means of traffic management. In particular, our architecture uses an adaptive pricing and inventory setting strategy, base don real bidding, to reduce call blocking in a simulated telecommunications network.

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Published date: 1999
Venue - Dates: 3rd Int. Workshop on Multi-Agent Systems and Telecommunications (IATA-99), Stockholm, Sweden, 1999-01-01
Organisations: Agents, Interactions & Complexity

Identifiers

Local EPrints ID: 252173
URI: http://eprints.soton.ac.uk/id/eprint/252173
PURE UUID: 271f88ad-eb22-4d31-8a24-6b2272942760

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Date deposited: 03 Dec 2002
Last modified: 14 Mar 2024 05:16

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Contributors

Author: M. J. Gibney
Author: N. R. Jennings
Author: N. J. Vriend
Author: J. M. Griffiths

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