14465668
The economics of network management
Why are pricing issues the key to infrastructure investment and future growth of the Internet? The Economics of network management I t is not surprising that researchers in network technology are utilizing ideas from the field of economics since it provides the conceptual understanding of underlying constructs such as usage and resource allocation. Proper resource allocation plays a key role in improving network performance. There are two primary approaches to economic resource allocation: quantity limits, and pricing. The former has the advantage of low accounting costs. However, it requires central administration and, for network users wishing to purchase more quantity than allocated, a pricing schedule has to be developed. The pricing approach does not enforce any quantity limits. Instead, users self-select the quantity they are willing to purchase at prevailing prices. The pricing approach decentralizes the resource allocation problem but has higher accounting costs since usage needs to be monitored and billed. The role of pricing as a resource allocation mechanism will be examined here, since central administration of quotas would be difficult in a global network. Furthermore, a pricing mechanism may still be needed to meet user demands in e-commerce. While the short-term role of economic pricing is to manage the network resources more efficiently, in the long run it could play an important role in the design of new network protocols. For example, new technological developments with priority classes in the IPv6 Internet protocol [3] will present the challenge of defining an economic basis for priority allocation. The Internet traffic-pricing problem for e-commerce subsumes traditional telecommuni-cation pricing policies and is much more complex. Traditional telecommunication systems offer a single quality level for their services on a given type of network, for example, the ability to carry voice data at a desired rate on a telephone network. However, in e-commerce there is a rich collection of services that require different levels of service quality over the same data communication network. For example, during a telnet session a user requires a high-speed and low-volume data transfer for real-time interaction with a server. On the other hand, a video conference needs clarity and coordination in picture and sound, necessitating a much more complex set of service quality attributes, such as synchronization of information sent via different interoperable applications (video, audio, and text). In addition, audio and video applications require high-volume and high-speed transfers with low variability in data transfer rates. These …
30721210
Economic analysis of consumer purchase intentions in electronic and traditional retail channels: competitive and strategic implications
We develop a multiattribute economic model to analyze consumer behavior for traditional and electronic channels based on consumers' risk profiles and risk-neutral or risk-averse. We then conduct comparative analyses of consumer purchase decisions to derive strategies for different channels. We study the attitudinal and economic factors that lead to specific purchase decisions under different combinations of price, delivery time, and product customization. We develop theoretical propositions concerning consumer channel switching behavior, incentives to consumers, and pricing strategies for different channels. We also use simulations to gain insights for cases where analytical model becomes intractable.
7914809
Predicting Bidders' Willingness to Pay in Online Multiunit Ascending Auctions: Analytical and Empirical Insights
We develop a real-time estimation approach to predict bidders' maximum willingness to pay in a multiunit ascending uniform-price and discriminatory-price (Yankee) online auction. Our two-stage approach begins with a bidder classification step, which is followed by an analytical prediction model. The classification model identifies bidders as either adopting a myopic best-response (MBR) bidding strategy or a non-MBR strategy. We then use a generalized bid-inversion function to estimate the willingness to pay for MBR bidders. We empirically validate our two-stage approach using data from two popular online auction sites. Our joint classification-and-prediction approach outperforms two other naive prediction strategies that draw random valuations between a bidder's current bid and the known market upper bound. Our prediction results indicate that, on average, our estimates are within 2% of bidders' revealed willingness to pay for Yankee and uniform-price multiunit auctions. We discuss how our results can facilitate mechanism-design changes such as dynamic-bid increments and dynamic buy-it-now prices.
17233820
IT-enabled transparent electronic markets: the case of the air travel industry
The electronic market hypothesis predicts that by reducing coordination costs, information technology (IT) will shift industrial organization from hierarchical to market-based forms of economic activity. While academic researchers and practitioners have witnessed these shifts with the advent of the Internet, there is little understanding about the process and the underlying forces that drive them. In this paper, we provide an in-depth analysis of the air travel industry, which has recently experienced significant IT-driven transformations. We conclude that, together with IT, pro-competitive laws and the information-intensive nature of air travel products have triggered competition for consumers with transparent market mechanisms, which is leading to the emergence of more transparent electronic markets in the air travel industry.
57631
Insights and analyses of online auctions
166893960
Priority pricing of integrated services networks
10962942
Towards bringing database management task in the realm of IT non-experts
Internet enabled services have led to an increase in the size and complexity of the database making the database administration task very complex. This necessitates the hiring of skilled personnel for the management of data, which is a bane for industries, especially in developing countries. We at IBM India research Lab, have been developing technologies (i.e. database administration tools), wherein the database administrator, who may be inexperienced person, can define error-free policies for managing and maintaining the distributed information repositories, and can define data access privileges to users at fine as well as at coarse-grained level using natural language like constructs. These policies represent the actions that need to be carried out when specific database/temporal events occur within the system or externally and are notified to the system. In this paper, we discuss the architecture of our policy based database administration and access control system and outline some of the technical challenges in this area.
17746198
Large—scale parallel numerical integration
We present and analyze strategies which can be used for the parallel computation of large numbers of integrals which may be of different levels of difficulty. Parallelization on the integral level, which is generally used for large numbers of integrals, is combined with parallelization on the subregion level, which enables handling local integration difficulties within individual problems. This results in a new, hierarchical algorithm which incorporates load balancing on the integral level and on the subregion level. We report test results of the software and show that the hierarchical approach leads to a scalable integration algorithm.
62172477
A unified framework for uncertainty propagation in automatic shape tracking
Uncertainty handling plays an important role during shape tracking. We have recently shown that the fusion of measurement information with system dynamics and shape priors greatly improves the tracking performance for very noisy images such as ultrasound sequences [22]. Nevertheless, this approach required user initialization of the tracking process. This paper solves the automatic initialization problem by performing boosted shape detection as a generic measurement process and integrating it in our tracking framework. We show how to propagate the local detection uncertainties of multiple shape candidates during shape alignment, fusion with the predicted shape prior, and fusion with subspace constraints. As a result, we treat all sources of information in a unified way and derive the posterior shape model as the shape with the maximum likelihood. Our framework is applied for the automatic tracking of endocardium in ultrasound sequences of the human heart. Reliable detection and robust tracking results are achieved when compared to existing approaches and inter-expert variations.
62972305
On the complexity of computation and learning in neural networks
This dissertation is on the complexity of computation and learning in Neural Networks. One of the reasons for studying neural networks is that they provide a computational model which seems closer to the computational framework employed by the human brain for information processing than the conventional computers. Neural networks are highly simplified model of the human brain and one hopes that by attaining a proper understanding of the computational aspects in neural networks, one can gain significant insights into the computational characteristics of the human brain. 
In this dissertation, we have considered three different kinds of neural networks, namely, the Boltzmann Machines, the Hopfield Nets and the Feedforward Neural Nets. We studied the computational and learning abilities of these networks from a complexity theory point of view. We also related the computational power of various neural nets, in particular, the Boltzmann Machines and the Feedforward Neural Nets which are also known as Threshold circuits in the complexity theory literature.
7664269
Management of Conflicting Obligations in Self-Protecting Policy-Based Systems
Policy-based management of business systems is increasingly becoming the norm for autonomic computing since these systems can adapt to the changing needs and increasing complexity of the underlying organizations or enterprises. One of the vital characteristics of these systems is self-protection, ie., the ability to secure information and resources, by anticipating, detecting, identifying and protecting against any form of unauthorised access and permitting all authorised accesses based on the users' roles and pre-established policies. In this paper, we focus on one aspect of self-protecting autonomous systems, which is, how to automatically enforce privacy policies related to data handling, for compliance and auditing purposes. The automatic management of privacy sensitive information based on enterprise policies that are driven by a combination of user preferences, internal objectives and external regulations is a key aspect to any enterprise to prevent misuse of this information. These policies extend beyond simple authorization rules, and also mandate obligations to be enforced under certain conditions. One issue in the automatic enforcement of obligations is the presence of conflicts among different obligations which mandate different actions on the same resource, based on different conditions in which the resource is accessed. In this paper we propose algorithms for detecting and resolving conflicts among obligations in both static and runtime environments. We then briefly describe our prototype obligation management system with the conflict resolution module that achieves the automated enforcement of obligations for data-handling based on privacy policies