Approximating equilibrium in the digital marketplace

Jakub Konka; Craig Michie; Ivan Andonovic; Robert Atkinson

doi:10.1109/VTCSpring.2015.7145708

Approximating equilibrium in the digital marketplace

Jakub Konka, Craig Michie, Ivan Andonovic, Robert Atkinson

Electronic And Electrical Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution book

62 Downloads (Pure)

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 language	English
Title of host publication	2015 IEEE 81st Vehicular Technology Conference (VTC Spring)
Subtitle of host publication	Proceedings
Place of Publication	Piscataway, NJ.
Publisher	IEEE
Pages	1-6
Number of pages	6
ISBN (Print)	9781479980888
DOIs	https://doi.org/10.1109/VTCSpring.2015.7145708
Publication status	Published - May 2015
Event	2015 IEEE 81st Vehicular Technology Conference - University of Strathclyde, Glasgow, United Kingdom Duration: 11 May 2015 → 14 May 2015

Conference

Conference	2015 IEEE 81st Vehicular Technology Conference
Abbreviated title	VTC2015-Spring
Country/Territory	United Kingdom
City	Glasgow
Period	11/05/15 → 14/05/15

Keywords

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

Access to Document

10.1109/VTCSpring.2015.7145708

Konka-etal-IEEE-VTC-2015-Approximating-equilibrium-in-the-digitalAccepted author manuscript, 423 KB

Cite this

@inproceedings{95afc621c9ea47a481ea9e72238c89a3,

title = "Approximating equilibrium in the digital marketplace",

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.",

keywords = "auction theory, digital marketplace, network selection, mobile radio, radio access networks, telecommunication network management",

author = "Jakub Konka and Craig Michie and Ivan Andonovic and Robert Atkinson",

note = "(c) 2015 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other users, including reprinting/ republishing this material for advertising or promotional purposes, creating new collective works for resale or redistribution to servers or lists, or reuse of any copyrighted components of this work in other works.; 2015 IEEE 81st Vehicular Technology Conference, VTC2015-Spring ; Conference date: 11-05-2015 Through 14-05-2015",

year = "2015",

month = may,

doi = "10.1109/VTCSpring.2015.7145708",

language = "English",

isbn = "9781479980888",

pages = "1--6",

booktitle = "2015 IEEE 81st Vehicular Technology Conference (VTC Spring)",

publisher = "IEEE",

}

TY - GEN

T1 - Approximating equilibrium in the digital marketplace

AU - Konka, Jakub

AU - Michie, Craig

AU - Andonovic, Ivan

AU - Atkinson, Robert

N1 - (c) 2015 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other users, including reprinting/ republishing this material for advertising or promotional purposes, creating new collective works for resale or redistribution to servers or lists, or reuse of any copyrighted components of this work in other works.

PY - 2015/5

Y1 - 2015/5

N2 - 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.

AB - 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.

KW - auction theory

KW - digital marketplace

KW - network selection

KW - mobile radio

KW - radio access networks

KW - telecommunication network management

UR - http://www.ieeevtc.org/vtc2015spring/

UR - http://ieeexplore.ieee.org/xpl/mostRecentIssue.jsp?punumber=7145358

U2 - 10.1109/VTCSpring.2015.7145708

DO - 10.1109/VTCSpring.2015.7145708

M3 - Conference contribution book

SN - 9781479980888

SP - 1

EP - 6

BT - 2015 IEEE 81st Vehicular Technology Conference (VTC Spring)

PB - IEEE

CY - Piscataway, NJ.

T2 - 2015 IEEE 81st Vehicular Technology Conference

Y2 - 11 May 2015 through 14 May 2015

ER -

Approximating equilibrium in the digital marketplace

Abstract

Conference

Keywords

Access to Document

Other files and links

Fingerprint

Cite this