Approximating equilibrium in the digital marketplace

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Abstract

Digital Marketplace is a market-based framework for trading mobile communications services at a service level. It is well suited for managing a future mobile communications environment where the one-to-one mapping between network operators and subscribers no longer holds, and the subscribers are given the option to select a network operator and a wireless access technology that matches their preferences best at a service level. As with any market-based framework, it is important to analyse the selling mechanism from the economic perspective. In this paper, we address the deficiencies of previous research on the economic equilibrium of the Digital Marketplace. We achieve this by proposing an approximation to the equilibrium of the Digital Marketplace through the use of an auction with common prior.
Original languageEnglish
Title of host publication2015 IEEE 81st Vehicular Technology Conference (VTC Spring)
Subtitle of host publicationProceedings
Place of PublicationPiscataway, NJ.
PublisherIEEE
Pages1-6
Number of pages6
ISBN (Print)9781479980888
DOIs
Publication statusPublished - May 2015
Event2015 IEEE 81st Vehicular Technology Conference - University of Strathclyde, Glasgow, United Kingdom
Duration: 11 May 201514 May 2015

Conference

Conference2015 IEEE 81st Vehicular Technology Conference
Abbreviated titleVTC2015-Spring
CountryUnited Kingdom
CityGlasgow
Period11/05/1514/05/15

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Keywords

  • auction theory
  • digital marketplace
  • network selection
  • mobile radio
  • radio access networks
  • telecommunication network management

Cite this

Konka, J., Michie, C., Andonovic, I., & Atkinson, R. (2015). Approximating equilibrium in the digital marketplace. In 2015 IEEE 81st Vehicular Technology Conference (VTC Spring): Proceedings (pp. 1-6). Piscataway, NJ.: IEEE. https://doi.org/10.1109/VTCSpring.2015.7145708