Lecture Notes in Economics and Mathematical Systems

Network Economics and the Allocation of Savings

A Model of Peering in the Voice-over-IP Telecommunications Market

Authors: Servatius, Philipp

  • First analysis of the VoIP Telecommunications Market Network-based framework of interconnection savings
  • Innovative n-player model of interconnection, including long distance and termination fees
  • Contains a concise over view of the methods of game theory and network theory
  • Contains a short overview of the liberalization of telecommunications markets in the 1980s and 1990s
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eBook $109.00
price for USA (gross)
  • ISBN 978-3-642-21096-9
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $149.00
price for USA
  • ISBN 978-3-642-21095-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

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.

About the authors

Philipp Servatius took up employment in the private sector after being awarded his doctorate from the Department of Quantitative Economics at the University of Fribourg. He now works as analyst for a global reinsurer and lives in Zurich and Fribourg, Switzerland.

Table of contents (8 chapters)

  • Motivation and Nontechnical Overview

    Servatius, Philipp

    Pages 1-6

  • The Theory of Games

    Servatius, Philipp

    Pages 9-118

  • Network Theory in Economics

    Servatius, Philipp

    Pages 119-155

  • Telecommunications and the Internet

    Servatius, Philipp

    Pages 159-177

  • A Model of Peering Among VoIP Firms

    Servatius, Philipp

    Pages 179-234

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-3-642-21096-9
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $149.00
price for USA
  • ISBN 978-3-642-21095-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Network Economics and the Allocation of Savings
Book Subtitle
A Model of Peering in the Voice-over-IP Telecommunications Market
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
653
Copyright
2012
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-21096-9
DOI
10.1007/978-3-642-21096-9
Softcover ISBN
978-3-642-21095-2
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XV, 297
Number of Illustrations and Tables
48 b/w illustrations
Topics