INCREMENTAL VALUATION BASED NETWORK CAPACITY ALLOCATION

摘要

A bid-based network sells network capacity on a transaction-by-transaction basis in accordance with bids placed on transactions. A transaction is the transmission of a quantum of data across at least some portion of the network, where the quantum of data can be as small as a single packet. Bids for network capacity are ranked in order of monetary value, or other criteria relevant to the network service provider. The amount charged to the highest bidder is based on the maximum bid of the next highest bidder. Bids are evaluated on a real-time basis at the time when the link is ready to transmit data. An automated system makes individual bids at each link through which data is transmitted and can take into account additional criteria that can be specified as part of the bid information, including latency and routing requirements. Bid information is passed with data through the network.