TY - GEN
T1 - PROMISE
T2 - 33rd IEEE Conference on Computer Communications, IEEE INFOCOM 2014
AU - Yang, Dejun
AU - Zhang, Xiang
AU - Xue, Guoliang
PY - 2014/1/1
Y1 - 2014/1/1
N2 - Auctions provide a platform for licensed spectrum users to trade their underutilized spectrum with unlicensed users. Existing spectrum auctions either do not apply to the scenarios where multiple sellers and buyers both make offers, or assume the knowledge of the users' valuation distribution for maximizing the profit of the auction. To fill this void, we design PROMISE, a framework for spectrum double auctions, which jointly considers spectrum reusability, truthfulness, and profit maximization without the distribution knowledge. We propose a novel technique, called cross extraction, to compute the bid representing a group of secondary users, who can share a common channel. We prove that PROMISE is computationally efficient, individual-rational, and truthful. In addition, PROMISE is guaranteed to achieve an approximate profit of the optimal auction.
AB - Auctions provide a platform for licensed spectrum users to trade their underutilized spectrum with unlicensed users. Existing spectrum auctions either do not apply to the scenarios where multiple sellers and buyers both make offers, or assume the knowledge of the users' valuation distribution for maximizing the profit of the auction. To fill this void, we design PROMISE, a framework for spectrum double auctions, which jointly considers spectrum reusability, truthfulness, and profit maximization without the distribution knowledge. We propose a novel technique, called cross extraction, to compute the bid representing a group of secondary users, who can share a common channel. We prove that PROMISE is computationally efficient, individual-rational, and truthful. In addition, PROMISE is guaranteed to achieve an approximate profit of the optimal auction.
UR - http://www.scopus.com/inward/record.url?scp=84904419004&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84904419004&partnerID=8YFLogxK
U2 - 10.1109/INFOCOM.2014.6847930
DO - 10.1109/INFOCOM.2014.6847930
M3 - Conference contribution
AN - SCOPUS:84904419004
SN - 9781479933600
T3 - Proceedings - IEEE INFOCOM
SP - 109
EP - 117
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 -