Dynamic pricing of call rates: Bayesian approach

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dc.contributor.authorDugar, C.
dc.contributor.authorJain, A.
dc.contributor.authorRajawat, A.
dc.contributor.authorBhattacharya, S.
dc.date.accessioned2026-02-05T09:34:05Z
dc.date.issued2015
dc.description.abstractIn this paper, we present different cases and their possible solutions in the telecommunications market by incorporating dynamically changing call rates over the channel depending upon the network congestion. Since dynamic pricing of call rates is beneficial from both the perspectives of subscribers and service providers, our solution can significantly help to adapt this pricing mechanism in real market scenario. In order to deploy this scheme, we have incorporated the competing network provider's strategy into the mechanism of deciding dynamic price. Establishment of Nash equilibrium with the competing network provider has stabilized our pricing mechanism. © 2014 Elsevier B.V. All rights reserved.
dc.identifier.citationInformation Processing Letters, 2015, 115, 2, pp. 237-242
dc.identifier.issn200190
dc.identifier.urihttps://doi.org/10.1016/j.ipl.2014.09.020
dc.identifier.urihttps://idr.nitk.ac.in/handle/123456789/26430
dc.publisherElsevier B.V.
dc.subjectBayesian networks
dc.subjectCommerce
dc.subjectGame theory
dc.subjectTelecommunication industry
dc.subjectBayesian approaches
dc.subjectCombinatorial problem
dc.subjectNetwork congestions
dc.subjectNetwork provider
dc.subjectPerformance evaluation
dc.subjectPricing mechanism
dc.subjectPricing scheme
dc.subjectTelecommunications markets
dc.subjectCosts
dc.titleDynamic pricing of call rates: Bayesian approach

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