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We study optimal pricing in a single server queue when the customers valuation of service depends on their waiting time. In particular, we consider a very general model, where the customer valuations are random and are sampled from a distribution that depends on the queue length. The goal of the service provider is to set dynamic state dependent prices in order to maximize its revenue, while also managing congestion. We model the problem as a Markov decision process and present structural results on the optimal policy. We also present an algorithm to find an approximate optimal policy. We further present a myopic policy that is easy to evaluate and present bounds on its performance. We finally illustrate the quality of our approximate solution and the myopic solution using numerical simulations.more » « less
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null (Ed.)The ability of a P2P network to scale its throughput up in proportion to the arrival rate of peers has recently been shown to be crucially dependent on the chunk sharing policy employed. Some policies can result in low frequencies of a particular chunk, known as the missing chunk syndrome, which can dramatically reduce throughput and lead to instability of the system. For instance, commonly used policies that nominally ``boost'' the sharing of infrequent chunks such as the well-known rarest-first algorithm have been shown to be unstable. We take a complementary viewpoint, and instead consider a policy that simply prevents the sharing of the most frequent chunk(s), that we call mode-suppression. We also consider a more general version that suppresses the mode only if the mode frequency is larger than the lowest frequency by a fixed threshold. We prove the stability of mode-suppression using Lyapunov techniques, and use a Kingman bound argument to show that the total download time does not increase with peer arrival rate. We then design versions of mode-suppression that sample a small number of peers at each time, and construct noisy mode estimates by aggregating these samples over time. We show numerically that mode suppression stabilizes and outperforms all other recently proposed chunk sharing algorithms, and via integration into BitTorrent implementation operating over the ns-3 that it ensures stable, low sojourn time operation in a real-world setting.more » « less
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As sensing and instrumentation play an increasingly important role in systems controlled over wired and wireless networks, the need to better understand delay-sensitive communication becomes a prime issue. Along these lines, this article studies the operation of data links that employ incremental redundancy as a practical means to protect information from the effects of unreliable channels. Specifically, this work extends a powerful methodology termed sequential differential optimization to choose near-optimal block sizes for hybrid ARQ over erasure channels. Furthermore, results show that the impact of the coding strategy adopted and the propensity of the channel to erase symbols naturally decouple when analyzing throughput. Overall, block size selection is motivated by normal approximations on the probability of decoding success at every stage of the incremental transmission process. This novel perspective, which rigorously bridges hybrid ARQ and coding, offers a pragmatic means to select code rates and blocklengths for incremental redundancy.more » « less
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