A Game-Theoretic Model for Dynamic Pricing and Competition among Cloud Providers

@article{Huu2013AGM,
  title={A Game-Theoretic Model for Dynamic Pricing and Competition among Cloud Providers},
  author={Tram Truong Huu and Chen-Khong Tham},
  journal={2013 IEEE/ACM 6th International Conference on Utility and Cloud Computing},
  year={2013},
  pages={235-238}
}
With many providers in today's cloud market, it is crucial for each provider to offer an optimal price policy which maximizes the final revenue and improves the competitive advantage. The competition among providers leads to the evolution of the market and dynamic resource prices over time. In this paper, we address the competition among cloud providers and propose a dynamic pricing scheme. We employ a discrete choice model to describe the user's behavior. The model is used to derive the… CONTINUE READING
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