2014
DOI: 10.1109/tvt.2013.2280344
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Auction-Based Network Selection in a Market-Based Framework for Trading Wireless Communication Services

Abstract: Digital Marketplace is a market-based framework in which a network selection mechanism is facilitated through a variant of procurement first-price sealed-bid auction; that is, wireless network operators bid for the right to transport the subscriber's requested service over their infrastructure. In this paper, we create an economic model of this mechanism, and characterize the equilibrium under generic assumptions about the costs distributions of the network operators. Furthermore, the equilibrium is explicitly… Show more

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Cited by 16 publications
(27 citation statements)
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“…The DMP features an auction-based network selection mechanism, which is based on a procurement firstprice sealed-bid auction. Following the notation of Konka et al [6], there are n = |N | network operators (NOs) who bid for the right to sell their product to the subscriber. Each NO is characterised by utility function…”
Section: Bidding Problem In the Digital Marketplacementioning
confidence: 99%
See 4 more Smart Citations
“…The DMP features an auction-based network selection mechanism, which is based on a procurement firstprice sealed-bid auction. Following the notation of Konka et al [6], there are n = |N | network operators (NOs) who bid for the right to sell their product to the subscriber. Each NO is characterised by utility function…”
Section: Bidding Problem In the Digital Marketplacementioning
confidence: 99%
“…As shown in [6], there exists a unique equlibrium to this bidding problem, and it is characterised by the following system of ordinary differential equations (ODEs)…”
Section: Bidding Problem In the Digital Marketplacementioning
confidence: 99%
See 3 more Smart Citations