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  4. A game-theoretic perspective on advance reservations
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Category: Women in Engineering Magazine
By MTech Projects
MTech Projects
15.May
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A game-theoretic perspective on advance reservations

PROJECT TITLE :

A game-theoretic perspective on advance reservations

ABSTRACT:

Advance reservation is a fundamental paradigm for resource allocation. It is used in various economic sectors, including Cloud Computing and Communication networks. Although advance reservations are widespread, very little is known regarding the strategic behavior of users facing the choice whether to order a resource earlier or not. In this article, we present a game-theoretic framework, referred to as advance reservation (AR) games, to research this strategic behavior. We tend to use AR games to investigate the impact of pricing, charging, and info sharing policies on the economic equilibria of the system and on its dynamic behavior. The analysis yields several insights on how a service supplier should design a system that supports advance reservations.

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