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Bid Price Control and Dynamic Pricing in Clouds

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  • Type of the Research Result
  • Model
    • Other Model
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  • Supporting Processes
    • Information Management
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  • Pre-Utilization
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  • Standardization
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The term Cloud Computing represents a paradigm for offering different kind of Web services, which can be dynamically developed, composed and deployed on virtualized infrastructure. This work will extend the concepts known from the revenue management to the specific case of Cloud Computing and propose two models, bid price control and a variant of dynamic pricing, that will compete with the commonly used static pricing. Both models will try to maximize revenues by controlling theavailability or price of every offered fare class.

This research result was described by Sanja Tumbas (13. August 2011 - 11:16)
This research result was last edited by Sanja Tumbas (16. December 2011 - 19:56)

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