Auction Design For The Wireless Spectrum Market

Author : Peng Lin,Xiaojun Feng,Qian Zhang
Publisher : Springer
Page : 92 pages
File Size : 46,9 Mb
Release : 2014-05-20
Category : Computers
ISBN : 9783319067995

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Auction Design for the Wireless Spectrum Market by Peng Lin,Xiaojun Feng,Qian Zhang Pdf

This Brief introduces the wireless spectrum market and discusses the current research for spectrum auctions. It covers the unique properties of spectrum auction, such as interference relationship, reusability, divisibility, composite effect and marginal effect, while also proposing how to build economic incentives into the network architecture and protocols in order to optimize the efficiency of wireless systems. Three scenarios for designing new auctions are demonstrated. First, a truthful double auction scheme for spectrum trading considering both the heterogeneous propagation properties of channels and spatial reuse is proposed. In the second scenario, a framework is designed to enable spectrum group secondary users with a limited budget. Finally, a flexible auction is created enabling operators to purchase the right amounts of spectrum at the right prices according to their users’ dynamic demands. Both concise and comprehensive, Auction Design for the Wireless Spectrum Market is suited for professionals and researchers working with wireless communications and networks. It is also a useful tool for advanced-level students interested in spectrum and networking issues.

Author : Yanjiao Chen,Qian Zhang
Publisher : Springer
Page : 58 pages
File Size : 42,8 Mb
Release : 2015-02-06
Category : Technology & Engineering
ISBN : 9783319140308

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Dynamic Spectrum Auction in Wireless Communication by Yanjiao Chen,Qian Zhang Pdf

This brief explores current research on dynamic spectrum auctions, focusing on fundamental auction theory, characteristics of the spectrum market, spectrum auction architecture and possible auction mechanisms. The brief explains how dynamic spectrum auctions, which enable new users to gain spectrum access and existing spectrum owners to obtain financial benefits, can greatly improve spectrum efficiency by resolving the artificial spectrum shortage. It examines why operators and users face significant challenges due to specialty of the spectrum market and the related requirements imposed on the auction mechanism design. Concise and up-to-date, Dynamic Spectrum Auction in Wireless Communication is designed for researchers and professionals in computer science or electrical engineering. Students studying networking will also find this brief a valuable resource.

Author : Geoffrey Myers
Publisher : LSE Press
Page : 314 pages
File Size : 54,9 Mb
Release : 2023-02-15
Category : Business & Economics
ISBN : 9781911712039

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Spectrum Auctions by Geoffrey Myers Pdf

Access to the radio spectrum is vital for modern digital communication. It is an essential component for smartphone capabilities, the Cloud, the Internet of Things, autonomous vehicles, and multiple other new technologies. Governments use spectrum auctions to decide which companies should use what parts of the radio spectrum. Successful auctions can fuel rapid innovation in products and services, unlock substantial economic benefits, build comparative advantage across all regions, and create billions of dollars of government revenues. Poor auction strategies can leave bandwidth unsold and delay innovation, sell national assets to firms too cheaply, or create uncompetitive markets with high mobile prices and patchy coverage that stifles economic growth. Corporate bidders regularly complain that auctions raise their costs, while government critics argue that insufficient revenues are raised. The cross-national record shows many examples of both highly successful auctions and miserable failures. Drawing on experience from the UK and other countries, senior regulator Geoffrey Myers explains how to optimise the regulatory design of auctions, from initial planning to final implementation. Spectrum Auctions offers unrivalled expertise for regulators and economists engaged in practical auction design or company executives planning bidding strategies. For applied economists, teachers, and advanced students this book provides unrivalled insights in market design and public management. Providing clear analytical frameworks, case studies of auctions, and stage-by-stage advice, it is essential reading for anyone interested in designing public-interested and successful spectrum auctions.

Author : Martin Bichler,Jacob K. Goeree
Publisher : Cambridge University Press
Page : 935 pages
File Size : 54,7 Mb
Release : 2017-10-26
Category : Business & Economics
ISBN : 9781107135345

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Handbook of Spectrum Auction Design by Martin Bichler,Jacob K. Goeree Pdf

An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.

Author : Geoffrey Myers
Publisher : Unknown
Page : 0 pages
File Size : 51,9 Mb
Release : 2023
Category : Electronic
ISBN : 1911712055

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Spectrum Auctions by Geoffrey Myers Pdf

Author : Gerhard Illing,Ulrich Kluh
Publisher : MIT Press
Page : 332 pages
File Size : 41,8 Mb
Release : 2003-12-23
Category : Business & Economics
ISBN : 0262263211

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Spectrum Auctions and Competition in Telecommunications by Gerhard Illing,Ulrich Kluh Pdf

Leading experts in industrial organization and auction theory examine the recent European telecommunication license auction experience. In 2000 and 2001, several European countries carried out auctions for third generation technologies or universal mobile telephone services (UMTS) communication licenses. These "spectrum auctions" inaugurated yet another era in an industry that has already been transformed by a combination of staggering technological innovation and substantial regulatory change. Because of their spectacular but often puzzling outcomes, these spectrum auctions attracted enormous attention and invited new research on the interplay of auctions, industry dynamics, and regulation. This book collects essays on this topic by leading analysts of telecommunications and the European auction experience, all but one presented at a November 2001 CESifo conference; comments and responses are included as well, to preserve some of the controversy and atmosphere of give-and-take at the conference.The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and industrial organization. Because spectrum auctions are embedded in a dynamic interaction of consumers, firms, legislation, and regulation, a multidimensional approach yields important insights. The first essays discuss strategies of stimulating new competition and the complex interplay of the political process, regulation, and competition. The later essays focus on specific spectrum auctions. Combining the empirical data these auctions provide with recent advances in microeconomic theory, they examine questions of auction design and efficiency and convincingly explain the enormous variation of revenues in different auctions.

Author : Patrick L. Bajari,Jeremy T. Fox
Publisher : Unknown
Page : 68 pages
File Size : 49,9 Mb
Release : 2005
Category : Auctions
ISBN : PSU:000056776966

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Complementarities and Collusion in an FCC Spectrum Auction by Patrick L. Bajari,Jeremy T. Fox Pdf

We empirically study bidding in the C Block of the US mobile phone spectrum auctions. Spectrum auctions are conducted using a simultaneous ascending auction design that allows bidders to assemble packages of licenses with geographic complementarities. While this auction design allows the market to find complementarities, the auction might also result in an inefficient equilibrium. In addition, these auctions have equilibria where implicit collusion is sustained through threats of bidding wars. We estimate a structural model in order to test for the presence of complementarities and implicit collusion. The estimation strategy is valid under a wide variety of alternative assumptions about equilibrium in these auctions and is robust to potentially important forms of unobserved heterogeneity. We make suggestions about the design of future spectrum auctions.

Author : Paul Milgrom
Publisher : Columbia University Press
Page : 222 pages
File Size : 41,5 Mb
Release : 2017-05-23
Category : Business & Economics
ISBN : 9780231544573

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Discovering Prices by Paul Milgrom Pdf

Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith’s famous concept of an invisible hand, which guides markets and renders regulation or interference largely unnecessary. Yet for many markets, prices alone are not enough to guide feasible and efficient outcomes, and regulation alone is not enough, either. Consider air traffic control at major airports. While prices could encourage airlines to take off and land at less congested times, prices alone do just part of the job; an air traffic control system is still indispensable to avoid disastrous consequences. With just an air traffic controller, however, limited resources can be wasted or poorly used. What’s needed in this and many other real-world cases is an auction system that can effectively reveal prices while still maintaining enough direct control to ensure that complex constraints are satisfied. In Discovering Prices, Paul Milgrom—the world’s most frequently cited academic expert on auction design—describes how auctions can be used to discover prices and guide efficient resource allocations, even when resources are diverse, constraints are critical, and market-clearing prices may not even exist. Economists have long understood that externalities and market power both necessitate market organization. In this book, Milgrom introduces complex constraints as another reason for market design. Both lively and technical, Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for dealing with the world’s growing complex resource-allocation problems.

Author : Changyan Yi,Jun Cai
Publisher : Springer
Page : 100 pages
File Size : 41,7 Mb
Release : 2016-03-08
Category : Technology & Engineering
ISBN : 9783319296913

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Market-Driven Spectrum Sharing in Cognitive Radio by Changyan Yi,Jun Cai Pdf

This brief focuses on the current research on mechanism design for dynamic spectrum sharing in cognitive radio (CR) networks. Along with a review of CR architectures and characteristics, this brief presents the motivations, significances and unique challenges of implementing algorithmic mechanism design for encouraging both primary spectrum owners and secondary spectrum users to participate in dynamic spectrum sharing. The brief then focuses on recent advances in mechanism design in CR networks. With an emphasis on dealing with the uncertain spectrum availabilities, mechanisms based on spectrum recall, two-stage spectrum sharing and online spectrum allocation are introduced with the support of theoretic analyses and numerical illustrations. The brief concludes with a discussion of potential research directions and interests, which will motivate further studies on mechanism design for wireless communications. This brief is concise and approachable for researchers, professionals and advanced-level students in wireless communications and networks.

Author : United States. Congress. House. Committee on Small Business
Publisher : Unknown
Page : 110 pages
File Size : 53,9 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105050475263

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Full Committee Hearing on the Impact of the 700 Megahertz Wireless Spectrum Auction on Small Business by United States. Congress. House. Committee on Small Business Pdf

Author : Savo G. Glisic
Publisher : John Wiley & Sons
Page : 864 pages
File Size : 52,8 Mb
Release : 2016-07-22
Category : Technology & Engineering
ISBN : 9781119096870

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Advanced Wireless Networks by Savo G. Glisic Pdf

The third edition of this popular reference covers enabling technologies for building up 5G wireless networks. Due to extensive research and complexity of the incoming solutions for the next generation of wireless networks it is anticipated that the industry will select a subset of these results and leave some advanced technologies to be implemented later,. This new edition presents a carefully chosen combination of the candidate network architectures and the required tools for their analysis. Due to the complexity of the technology, the discussion on 5G will be extensive and it will be difficult to reach consensus on the new global standard. The discussion will have to include the vendors, operators, regulators as well as the research and academic community in the field. Having a comprehensive book will help many participants to join actively the discussion and make meaningful contribution to shaping the new standard.

Author : Kaabouch, Naima
Publisher : IGI Global
Page : 1064 pages
File Size : 44,8 Mb
Release : 2014-10-31
Category : Technology & Engineering
ISBN : 9781466665729

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Handbook of Research on Software-Defined and Cognitive Radio Technologies for Dynamic Spectrum Management by Kaabouch, Naima Pdf

The inadequate use of wireless spectrum resources has recently motivated researchers and practitioners to look for new ways to improve resource efficiency. As a result, new cognitive radio technologies have been proposed as an effective solution. The Handbook of Research on Software-Defined and Cognitive Radio Technologies for Dynamic Spectrum Management examines the emerging technologies being used to overcome radio spectrum scarcity. Providing timely and comprehensive coverage on topics pertaining to channel estimation, spectrum sensing, communication security, frequency hopping, and smart antennas, this research work is essential for use by educators, industrialists, and graduate students, as well as academicians researching in the field.

Author : Zhe Liu,Fan Wu,Sajal K. Das
Publisher : Springer Nature
Page : 601 pages
File Size : 43,9 Mb
Release : 2021-09-08
Category : Computers
ISBN : 9783030861377

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Wireless Algorithms, Systems, and Applications by Zhe Liu,Fan Wu,Sajal K. Das Pdf

The three-volume set constitutes the proceedings of the 16th International Conference on Wireless Algorithms, Systems, and Applications, WASA 2021, which was held during June 25-27, 2021, in Nanjing, China.The 103 full and 57 short papers presented in these proceedings were carefully reviewed and selected from 315 submissions. Part III of the set includes the papers of the contributors that took part in the workshops co-located with the conference.The following topics are covered in the volume: network protocols, signal processing, wireless telecommunication systems, routing algorithms, cryptography, local area networks, and others.

Author : Paul Milgrom
Publisher : Cambridge University Press
Page : 378 pages
File Size : 50,8 Mb
Release : 2004-01-12
Category : Business & Economics
ISBN : 9781139449168

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Putting Auction Theory to Work by Paul Milgrom Pdf

This book provides a comprehensive introduction to modern auction theory and its important new applications. It is written by a leading economic theorist whose suggestions guided the creation of the new spectrum auction designs. Aimed at graduate students and professionals in economics, the book gives the most up-to-date treatments of both traditional theories of 'optimal auctions' and newer theories of multi-unit auctions and package auctions, and shows by example how these theories are used. The analysis explores the limitations of prominent older designs, such as the Vickrey auction design, and evaluates the practical responses to those limitations. It explores the tension between the traditional theory of auctions with a fixed set of bidders, in which the seller seeks to squeeze as much revenue as possible from the fixed set, and the theory of auctions with endogenous entry, in which bidder profits must be respected to encourage participation.

Author : Federico Echenique,Nicole Immorlica,Vijay V. Vazirani
Publisher : Cambridge University Press
Page : 722 pages
File Size : 52,7 Mb
Release : 2023-04-30
Category : Computers
ISBN : 9781108935050

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Online and Matching-Based Market Design by Federico Echenique,Nicole Immorlica,Vijay V. Vazirani Pdf

The rich, multi-faceted and multi-disciplinary field of matching-based market design is an active and important one due to its highly successful applications with economic and sociological impact. Its home is economics, but with intimate connections to algorithm design and operations research. With chapters contributed by over fifty top researchers from all three disciplines, this volume is unique in its breadth and depth, while still being a cohesive and unified picture of the field, suitable for the uninitiated as well as the expert. It explains the dominant ideas from computer science and economics underlying the most important results on market design and introduces the main algorithmic questions and combinatorial structures. Methodologies and applications from both the pre-Internet and post-Internet eras are covered in detail. Key chapters discuss the basic notions of efficiency, fairness and incentives, and the way market design seeks solutions guided by normative criteria borrowed from social choice theory.