Kelly’s Bound, RUAA and the Pricing of Multi-class Traffic in Loss Networks

Dynamic pricing models for network traffic often aim at deriving some relation between charges and current utilization of the network. This paper deals with such a price function that is a by-product of Kelly’s bound for the loss rate in highly connected networks and shows how the Refined Uniform Asymptotic Approximation RUAA, developed by Mitra et al., can be used to generalize the original approach both in terms of capacity and number of different traffic classes.