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Network Economics and the Allocation of Savings - A Model of Peering in the Voice-over-IP Telecommunications Market (Paperback, 2012)
Loot Price: R2,893
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Network Economics and the Allocation of Savings - A Model of Peering in the Voice-over-IP Telecommunications Market (Paperback, 2012)
Series: Lecture Notes in Economics and Mathematical Systems, 653
Expected to ship within 10 - 15 working days
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This book provides a game theoretic model of interaction among VoIP
telecommunications providers regarding their willingness to enter
peering agreements with one another. The author shows that the
incentive to peer is generally based on savings from otherwise
payable long distance fees. At the same time, termination fees can
have a countering and dominant effect, resulting in an environment
in which VoIP firms decide against peering. Various scenarios of
peering and rules for allocation of the savings are considered. The
first part covers the relevant aspects of game theory and network
theory, trying to give an overview of the concepts required in the
subsequent application. The second part of the book introduces
first a model of how the savings from peering can be calculated and
then turns to the actual formation of peering relationships between
VoIP firms. The conditions under which firms are willing to peer
are then described, considering the possible influence of a
regulatory body.
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