A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints

The concept of cognitive radio is emerging as a platform for designing next generation wireless networks with dynamic resource sharing among machines. However, how to efficiently and fairly share the spare channels is still a topic under intensive research. This paper investigates a spectrum trading...

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Main Authors: Wen-Hsiang Lai, Pavol Polacek, Chih-Wei Huang
Format: Article
Language:English
Published: European Alliance for Innovation (EAI) 2016-12-01
Series:EAI Endorsed Transactions on Wireless Spectrum
Subjects:
Online Access:http://eudl.eu/doi/10.4108/eai.3-12-2015.2262496
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author Wen-Hsiang Lai
Pavol Polacek
Chih-Wei Huang
author_facet Wen-Hsiang Lai
Pavol Polacek
Chih-Wei Huang
author_sort Wen-Hsiang Lai
collection DOAJ
description The concept of cognitive radio is emerging as a platform for designing next generation wireless networks with dynamic resource sharing among machines. However, how to efficiently and fairly share the spare channels is still a topic under intensive research. This paper investigates a spectrum trading problem under relatively realistic settings, where heterogeneous channels under buyers' budget constraints are specifically considered, while maintaining incentive compatibility and individual rationality. The proposed auction game consists of a price-setting primary owner (PO), targeting on maximizing its total revenue, and secondary users (SUs), bidding channels for reasonable values. To handle channel heterogeneity, SUs provide independent valuation according to observed quality on different channels. The PO adopts a sequential arbitrary-order mechanism for flexible deployment and achieving aforementioned economic properties in polynomial time. Finally, the numerical results show performance improvements in PO revenue and SU utility over reference approaches.
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spelling doaj.art-2612087a42a74e40abcc33ad55f496082022-12-22T00:50:33ZengEuropean Alliance for Innovation (EAI)EAI Endorsed Transactions on Wireless Spectrum2312-66202016-12-01291410.4108/eai.3-12-2015.2262496A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget ConstraintsWen-Hsiang Lai0Pavol Polacek1Chih-Wei Huang2National Central University,TaiwanNational Central University,TaiwanNational Central University,Taiwan; cwhuang@cc.ncu.edu.twThe concept of cognitive radio is emerging as a platform for designing next generation wireless networks with dynamic resource sharing among machines. However, how to efficiently and fairly share the spare channels is still a topic under intensive research. This paper investigates a spectrum trading problem under relatively realistic settings, where heterogeneous channels under buyers' budget constraints are specifically considered, while maintaining incentive compatibility and individual rationality. The proposed auction game consists of a price-setting primary owner (PO), targeting on maximizing its total revenue, and secondary users (SUs), bidding channels for reasonable values. To handle channel heterogeneity, SUs provide independent valuation according to observed quality on different channels. The PO adopts a sequential arbitrary-order mechanism for flexible deployment and achieving aforementioned economic properties in polynomial time. Finally, the numerical results show performance improvements in PO revenue and SU utility over reference approaches.http://eudl.eu/doi/10.4108/eai.3-12-2015.2262496spectrum sharingcognitive radiogame theoryauction algorithm
spellingShingle Wen-Hsiang Lai
Pavol Polacek
Chih-Wei Huang
A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints
EAI Endorsed Transactions on Wireless Spectrum
spectrum sharing
cognitive radio
game theory
auction algorithm
title A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints
title_full A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints
title_fullStr A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints
title_full_unstemmed A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints
title_short A Posted-Price Auction for Heterogeneous Spectrum Sharing under Budget Constraints
title_sort posted price auction for heterogeneous spectrum sharing under budget constraints
topic spectrum sharing
cognitive radio
game theory
auction algorithm
url http://eudl.eu/doi/10.4108/eai.3-12-2015.2262496
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AT wenhsianglai postedpriceauctionforheterogeneousspectrumsharingunderbudgetconstraints
AT pavolpolacek postedpriceauctionforheterogeneousspectrumsharingunderbudgetconstraints
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