Brokerage of Bandwidth Commodities
There exist several websites today where buyers and sellers of point-to-point connectivity and telephony minutes can post bids and offers, respectively. Owing to the convergence of data and voice technologies and the emergence of IP as a universal service substrate, trading of IP-based connectivity...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2000
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/1225 |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | There exist several websites today where buyers and sellers of point-to-point connectivity and telephony minutes can post bids and offers, respectively. Owing to the convergence of data and voice technologies and the emergence of IP as a universal service substrate, trading of IP-based connectivity is receiving increased attention lately. In [Che99] a hierarchical trading model for bandwidth commodities was introduced, and the computational complexity of brokerage in a spot market for bandwidth was studied. A step further, we now discuss the benefits and risks associated with bandwidth brokerage, in a first attempt to evaluate the effects on bandwidth trading of a secondary market for composite contracts, which we call "path contracts". |
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