School of Technology and Computer Science Seminars
A Model for Equilibrium in Some Service-provider User-set Interactions
by Dr. N. Hemachandra (Indian Institute of Technology, Mumbai)
Tuesday, April 16, 2013
from
to
(Asia/Kolkata)
at Colaba Campus ( A-212 (STCS Seminar Room) )
at Colaba Campus ( A-212 (STCS Seminar Room) )
Description |
We propose a model for interaction between an user-set (market) and a service-provider (firm) when the offered demand is sensitive to the offered Quality of Service. We show that, under fairly mild conditions, an equilibrium point or an equilibrium set exists when the service-provider bases its operational decisions as per an optimal policy of an average reward multi-chain Markov decision model. We illustrate these and related issues via a model for vehicle relocation system. |