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Network Economics

The evolution of today's communication networks is no longer a pure engineering issue. We will study the economics issues in both wireless networks and Internet, with focus on the economic incentives of service providers.

 

The evolution of today's communication networks is no longer a pure engineering issue. The service providers need to perform careful economic analysis to decide whether to deploy a technology, how to attract the end-users, and how to compete with other providers in the same industry. The end-users need to evaluate the economic benefits of using the services from one or more service providers. All these decisions are tightly coupled with the details of the specific technologies, and are heavily affected by the so called network externalities. We focus on study such economics issues in the area of wireless communications networks and Internet, using mathematical tools such as optimization, pricing, and game theory.