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Author: Peng Lin
Publisher: Springer
ISBN: 3319067990
Category : Computers
Languages : en
Pages : 92
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Book Description
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: Peng Lin
Publisher: Springer
ISBN: 3319067990
Category : Computers
Languages : en
Pages : 92
Get Book Here
Book Description
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: Martin Bichler
Publisher: Cambridge University Press
ISBN: 1107135346
Category : Business & Economics
Languages : en
Pages : 935
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Book Description
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
Author: Gerhard Illing
Publisher: MIT Press
ISBN: 9780262263214
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
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: Paul Milgrom
Publisher: Columbia University Press
ISBN: 023154457X
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
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: Zhu Han
Publisher: Cambridge University Press
ISBN: 0521196965
Category : Business & Economics
Languages : en
Pages : 555
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Book Description
This unified 2001 treatment of game theory focuses on finding state-of-the-art solutions to issues surrounding the next generation of wireless and communications networks. The key results and tools of game theory are covered, as are various real-world technologies and a wide range of techniques for modeling, design and analysis.
Author: Paul Milgrom
Publisher: Cambridge University Press
ISBN: 1139449168
Category : Business & Economics
Languages : en
Pages : 378
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Book Description
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: Harald Gruber
Publisher: Cambridge University Press
ISBN: 1139444476
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
The mobile telecommunications industry is one of the most rapidly growing sectors around the world. This book offers a comprehensive economic analysis of the main determinants of growth in the industry. Harald Gruber demonstrates the importance of competitive entry and the setting of technological standards, both of which play a central role in their contribution to the fast diffusion of technology. Detailed country studies provide empirical evidence for the development of the main themes: the diffusion of mobile telecommunications services, the pricing policies in network industries, the role of entry barriers such as radio spectrum and spectrum allocation procedures. This research-based survey will appeal to a wide range of applied industrial economists within universities, government and the industry itself.
Author: Alexander M. Wyglinski
Publisher: Academic Press
ISBN: 0080879322
Category : Technology & Engineering
Languages : en
Pages : 737
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Book Description
Cognitive Radio Communications and Networks gives comprehensive and balanced coverage of the principles of cognitive radio communications, cognitive networks, and details of their implementation, including the latest developments in the standards and spectrum policy. Case studies, end-of-chapter questions, and descriptions of various platforms and test beds, together with sample code, give hands-on knowledge of how cognitive radio systems can be implemented in practice. Extensive treatment is given to several standards, including IEEE 802.22 for TV White Spaces and IEEE SCC41 Written by leading people in the field, both at universities and major industrial research laboratories, this tutorial text gives communications engineers, R&D engineers, researchers, undergraduate and post graduate students a complete reference on the application of wireless communications and network theory for the design and implementation of cognitive radio systems and networks - Each chapter is written by internationally renowned experts, giving complete and balanced treatment of the fundamentals of both cognitive radio communications and cognitive networks, together with implementation details - Extensive treatment of the latest standards and spectrum policy developments enables the development of compliant cognitive systems - Strong practical orientation – through case studies and descriptions of cognitive radio platforms and testbeds – shows how real world cognitive radio systems and network architectures have been built Alexander M. Wyglinski is an Assistant Professor of Electrical and Computer Engineering at Worcester Polytechnic Institute (WPI), Director of the WPI Limerick Project Center, and Director of the Wireless Innovation Laboratory (WI Lab) - Each chapter is written by internationally renowned experts, giving complete and balanced treatment of the fundamentals of both cognitive radio communications and cognitive networks, together with implementation details - Extensive treatment of the latest standards and spectrum policy developments enables the development of compliant cognitive systems - Strong practical orientation – through case studies and descriptions of cognitive radio platforms and testbeds – shows how "real world" cognitive radio systems and network architectures have been built
Author: Guillaume Haeringer
Publisher: MIT Press
ISBN: 0262345099
Category : Business & Economics
Languages : en
Pages : 393
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Book Description
A broad overview of market mechanisms, with an emphasis on the interplay between theory and real-life applications; examples range from eBay auctions to school choice. This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the text to analyze a broad set of situations—including such unconventional markets as college admissions and organ donation—and forces readers to pay attention to details that might otherwise be overlooked. Students often complain that microeconomics is too abstract and disconnected from reality; the study of market design shows how theory can help solve existing, real-life problems. The book focuses on the interplay between theory and applications. To keep the text as accessible as possible, special effort has been made to minimize formal description of the models while emphasizing the intuitive, with detailed explanations and resolution of examples. Appendixes offer general reviews of elements of game theory and mechanism design that are related to the themes explored in the book, presenting the basic concepts with as many explanations and illustrations as possible. The book covers topics including the basics of simple auctions; eBay auctions; Vickrey–Clarke–Groves auctions; keyword auctions, with examples from Google and Facebook; spectrum auctions; financial markets, with discussions of treasury auctions and IPOs; trading on the stock market; the basic matching model; medical match; assignment problems; probabilistic assignments; school choice; course allocation, with examples from Harvard and Wharton; and kidney exchange.
Author: Constantinos B. Papadias
Publisher: John Wiley & Sons
ISBN: 1119551471
Category : Technology & Engineering
Languages : en
Pages : 460
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Book Description
Combines the latest trends in spectrum sharing, both from a research and a standards/regulation/experimental standpoint Written by noted professionals from academia, industry, and research labs, this unique book provides a comprehensive treatment of the principles and architectures for spectrum sharing in order to help with the existing and future spectrum crunch issues. It presents readers with the most current standardization trends, including CEPT / CEE, eLSA, CBRS, MulteFire, LTE-Unlicensed (LTE-U), LTE WLAN integration with Internet Protocol security tunnel (LWIP), and LTE/Wi-Fi aggregation (LWA), and offers substantial trials and experimental results, as well as system-level performance evaluation results. The book also includes a chapter focusing on spectrum policy reinforcement and another on the economics of spectrum sharing. Beginning with the historic form of cognitive radio, Spectrum Sharing: The Next Frontier in Wireless Networks continues with current standardized forms of spectrum sharing, and reviews all of the technical ingredients that may arise in spectrum sharing approaches. It also looks at policy and implementation aspects and ponders the future of the field. White spaces and data base-assisted spectrum sharing are discussed, as well as the licensed shared access approach and cooperative communication techniques. The book also covers reciprocity-based beam forming techniques for spectrum sharing in MIMO networks; resource allocation for shared spectrum networks; large scale wireless spectrum monitoring; and much more. Contains all the latest standardization trends, such as CEPT / ECC, eLSA, CBRS, MulteFire, LTE-Unlicensed (LTE-U), LTE WLAN integration with Internet Protocol security tunnel (LWIP) and LTE/Wi-Fi aggregation (LWA) Presents a number of emerging technologies for future spectrum sharing (collaborative sensing, cooperative communication, reciprocity-based beamforming, etc.), as well as novel spectrum sharing paradigms (e.g. in full duplex and radar systems) Includes substantial trials and experimental results, as well as system-level performance evaluation results Contains a dedicated chapter on spectrum policy reinforcement and one on the economics of spectrum sharing Edited by experts in the field, and featuring contributions by respected professionals in the field world wide Spectrum Sharing: The Next Frontier in Wireless Networks is highly recommended for graduate students and researchers working in the areas of wireless communications and signal processing engineering. It would also benefit radio communications engineers and practitioners.
