Price optimisation of cloud computing service in a monopolistic competitive market

Article type: Research Article

Authors: Mansouri, Dou el kefel^* | Benyettou, Mohammed

Affiliations: Oran University of Sciences and Technology, Mohammed Boudiaf USTO, Oran

Correspondence: [*] Corresponding author: Dou el kefel Mansouri, Oran University of Sciences and Technology, Mohammed Boudiaf USTO, Oran. Tel.: +21 3551616140; E-mail:[email protected]

Abstract: We present an analytical study on services price competition in the cloud computing monopolistic markets. Our aim is to prove the existence of an equilibrium price in such competitive and non-cooperative markets, which maximizes the social welfare by the attraction of users and maximization of providers' profits without disturbance of competing providers. We propose a set of offline algorithms that converge with optimal cost to this equilibrium price.

Keywords: Cloud computing, price, monopolistic markets, competition

DOI: 10.3233/MGS-150239

Journal: Multiagent and Grid Systems, vol. 11, no. 4, pp. 259-271, 2015