TY - GEN
T1 - Flexauc
T2 - 33rd IEEE Conference on Computer Communications, IEEE INFOCOM 2014
AU - Lin, Peng
AU - Feng, Xiaojun
AU - Zhang, Qian
PY - 2014
Y1 - 2014
N2 - In spectrum trading markets, auctions are organized by spectrum holders (SHs) to distribute channels. As buyers, wireless service providers (WSPs) acquire channels to deploy services to end users. To optimize the profits, it is essential for the WSPs to determine their bidding strategies, which are affected by two key aspects: the service position to the end users and the auction schemes enforced by the SH. In this paper, we jointly study the strategy of the SH in the auction design and the WSPs' strategies in the service provisions and biddings. The WSP's optimal strategy in the auction can be flexible in term of demands and valuations. To optimize social welfare and enable the WSPs to reveal truthful flexible demands, we design Flexauc, a novel auction mechanism for the SH. We prove theoretically that Flexauc not only maximizes the social welfare but also preserves other nice properties: truthfulness and computational tractability.
AB - In spectrum trading markets, auctions are organized by spectrum holders (SHs) to distribute channels. As buyers, wireless service providers (WSPs) acquire channels to deploy services to end users. To optimize the profits, it is essential for the WSPs to determine their bidding strategies, which are affected by two key aspects: the service position to the end users and the auction schemes enforced by the SH. In this paper, we jointly study the strategy of the SH in the auction design and the WSPs' strategies in the service provisions and biddings. The WSP's optimal strategy in the auction can be flexible in term of demands and valuations. To optimize social welfare and enable the WSPs to reveal truthful flexible demands, we design Flexauc, a novel auction mechanism for the SH. We prove theoretically that Flexauc not only maximizes the social welfare but also preserves other nice properties: truthfulness and computational tractability.
UR - https://openalex.org/W2571086430
UR - https://www.scopus.com/pages/publications/84904437859
U2 - 10.1109/INFOCOM.2014.6848170
DO - 10.1109/INFOCOM.2014.6848170
M3 - Conference Paper published in a book
SN - 9781479933600
T3 - Proceedings - IEEE INFOCOM
SP - 2265
EP - 2273
BT - IEEE INFOCOM 2014 - IEEE Conference on Computer Communications
PB - Institute of Electrical and Electronics Engineers Inc.
Y2 - 27 April 2014 through 2 May 2014
ER -