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NIESIM: A Simulation-based Application for Estimating the Value of Information in Mobile Network Management

Author

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  • António Sousa Mendes

    (Faculty of Economics, University of Coimbra)

  • Pedro Godinho

    (CeBER and Faculty of Economics, University of Coimbra)

Abstract

In this paper we introduce NIESIM (Network Information Economics SIMulation), a software for simulating a mobile communications scenario and studying the value of information in the context of mobile network management. The modelling principles and the simulation strategy used to design and develop NIESIM software are introduced, along with simulation results. We consider an application of NIESIM to support the definition of the grade of service in a network that is exposed to failures. An exploratory discussion of the findings and their implications to future work is also presented.

Suggested Citation

  • António Sousa Mendes & Pedro Godinho, 2019. "NIESIM: A Simulation-based Application for Estimating the Value of Information in Mobile Network Management," CeBER Working Papers 2019-03, Centre for Business and Economics Research (CeBER), University of Coimbra.
    • Handle: RePEc:gmf:papers:2019-03
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    More about this item

    Keywords

    Telecommunications; Mobile Networks Management; Value of Information; Simulation.;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications

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