We examine the effectiveness of shaping and policing mechanisms in red
ucing the inherent variability of fractal traffic, with the objective
of increasing network operating points. Whether a shaper simply spaces
a flow or allows small bursts according to a leaky bucket, we show us
ing analytical arguments that, i) the Hurst parameter, which describes
the asymptotic variability of the traffic, is unaffected; and ii) whi
le the traffic can be made smoother over time scales smaller than one
corresponding to the shaper's buffer size, fluctuations over longer ti
me scales cannot be appreciably altered. We further show that if shapi
ng is used to reduce buffer size requirements at a network bottleneck,
any savings here are offset by the increased buffer requirements at t
he shapers. Perhaps the most significant deficiency of shaping identif
ied here is that it is necessary to model individual streams to a leve
l of accuracy that is not Feasible in practice. In contrast, statistic
al multiplexing can achieve reasonable network efficiencies by only re
quiring characterizations of aggregate traffic.