Information service pricing competition in Internet-of-Vehicle (IoV)

Hoang, DT; Niyato, D

Information service pricing competition in Internet-of-Vehicle (IoV)

Hoang, DT Niyato, D

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Publisher:: IEEE
Publication Type:: Conference Proceeding
Citation:: 2016 International Conference on Computing, Networking and Communications, ICNC 2016, 2016
Issue Date:: 2016-03-23

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Field	Value	Language
dc.contributor.author	Hoang, DT
dc.contributor.author	Niyato, D
dc.date	2016-02-15
dc.date.accessioned	2023-02-09T04:39:32Z
dc.date.available	2023-02-09T04:39:32Z
dc.date.issued	2016-03-23
dc.identifier.citation	2016 International Conference on Computing, Networking and Communications, ICNC 2016, 2016
dc.identifier.isbn	9781467385794
dc.identifier.uri	http://hdl.handle.net/10453/166022
dc.description.abstract	In this work, we address the problem of service pricing competition in Internet-of-Vehicle (IoV) networks where multiple service providers compete with each other to offer vehicular services to users. We first introduce IoV networks and then develop an economic model for the competitive pricing problem among service providers through using the Bertrand game model. With the Bertrand game, we find the offered prices for providers at the Nash equilibrium. Then, we analyze the impact of parameters on the offered prices. Furthermore, due to the inefficiency of the Nash equilibrium to the profits of service providers, we propose using a repeated game model with the aim to establish a cooperation among providers such that their profits can be improved. The simulation results demonstrate the efficiency of the proposed repeated game model as well as conditions to maintain the cooperation among providers.
dc.language	en
dc.publisher	IEEE
dc.relation.ispartof	2016 International Conference on Computing, Networking and Communications, ICNC 2016
dc.relation.ispartof	International Conference on Computing, Networking and Communications (ICNC)
dc.relation.isbasedon	10.1109/ICCNC.2016.7440643
dc.rights	info:eu-repo/semantics/closedAccess
dc.title	Information service pricing competition in Internet-of-Vehicle (IoV)
dc.type	Conference Proceeding
utslib.location.activity	Kauai, HI
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Strength - GBDTC - Global Big Data Technologies
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Electrical and Data Engineering
utslib.copyright.status	closed_access	*
dc.date.updated	2023-02-09T04:39:31Z
pubs.finish-date	2016-02-18
pubs.publication-status	Published
pubs.start-date	2016-02-15

Abstract:

In this work, we address the problem of service pricing competition in Internet-of-Vehicle (IoV) networks where multiple service providers compete with each other to offer vehicular services to users. We first introduce IoV networks and then develop an economic model for the competitive pricing problem among service providers through using the Bertrand game model. With the Bertrand game, we find the offered prices for providers at the Nash equilibrium. Then, we analyze the impact of parameters on the offered prices. Furthermore, due to the inefficiency of the Nash equilibrium to the profits of service providers, we propose using a repeated game model with the aim to establish a cooperation among providers such that their profits can be improved. The simulation results demonstrate the efficiency of the proposed repeated game model as well as conditions to maintain the cooperation among providers.

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http://hdl.handle.net/10453/166022