JOURNAL ARTICLE

An Iterative and Truthful MultiUnit Auction Scheme for Coordinated Sharing of Spectrum White Spaces

Saravana ManickamMahesh K. MarinaSofia PediaditakiMaziar Nekovee

Year: 2014 Journal:   ACM SIGMETRICS Performance Evaluation Review Vol: 42 (3)Pages: 8-11   Publisher: Association for Computing Machinery

Abstract

We consider the use of dynamic auctions for coordinating spectrum sharing among secondary users, and propose an online multi-unit, iterative auction mechanism called VERUM that is truthful and efficient (the item is always won by the bidder who values it the most). VERUM is an adaptation of the well known Ausubel's clinching auction [1] to suit the dynamic spectrum sharing context. As a use case for VERUM, we consider TV white space (TVWS) spectrum sharing among home networks, and compare VERUM with two existing efficient and truthful multi-unit spectrum auction schemes, VERITAS and SATYA. Our evaluations, using real distributions of homes in a dense urban neighborhood in London and realistic TVWS spectrum availability maps for the UK, show that VERUM outperforms the other two schemes in terms of revenue, spectrum utilization and percentage of winning bidders.

Keywords:
White spaces Computer science Spectrum auction Common value auction Context (archaeology) Vickrey auction Scheme (mathematics) Vickrey–Clarke–Groves auction Revenue Combinatorial auction Spectrum (functional analysis) Auction theory Mathematical optimization Revenue equivalence Telecommunications Mathematics Microeconomics Business Economics Wireless Cognitive radio

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6
Cited By
2.25
FWCI (Field Weighted Citation Impact)
7
Refs
0.89
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Citation History

Topics

Auction Theory and Applications
Social Sciences →  Decision Sciences →  Management Science and Operations Research
Consumer Market Behavior and Pricing
Social Sciences →  Business, Management and Accounting →  Marketing
Supply Chain and Inventory Management
Social Sciences →  Business, Management and Accounting →  Management Information Systems
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