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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Format: | Article |
Language: | English |
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European Alliance for Innovation (EAI)
2016-12-01
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Series: | EAI Endorsed Transactions on Wireless Spectrum |
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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. |
first_indexed | 2024-12-11T21:17:39Z |
format | Article |
id | doaj.art-2612087a42a74e40abcc33ad55f49608 |
institution | Directory Open Access Journal |
issn | 2312-6620 |
language | English |
last_indexed | 2024-12-11T21:17:39Z |
publishDate | 2016-12-01 |
publisher | European Alliance for Innovation (EAI) |
record_format | Article |
series | EAI Endorsed Transactions on Wireless Spectrum |
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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