Market-Based Call Routing in Telecommunications Networks Using Adaptive Pricing and Real Bidding

We present a market-based approach to call routing in telecommunications networks. A system architecture is described that allows self-interested agents, representing various network resources, potentially owned by different real world enterprises, to co-ordinate their resource allocation decisions without assuming a priori co-operation. It is argued that such an architecture has the potential to provide a distributed, robust and efficient means of traffic management. In particular, our architecture uses an adaptive pricing and inventory setting strategy, based on real bidding, to reduce call blocking in a simulated telecommunications network.

• Type: Conference
• Year: 1999
• Where: IATA
• Authors: M. A. Gibney, Nicholas R. Jennings, N. J. Vriend, José-Marie Griffiths
• Keywords: IATA 1999, Intelligent Agents, Real World Enterprises, Resource Allocation Decisions, Telecommunications Network