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Market-Driven Spectrum Sharing in Cognitive RadioFundamentals of Mechanism Design

Market-Driven Spectrum Sharing in Cognitive Radio: Fundamentals of Mechanism Design [Mechanism design is a subfield of microeconomics and game theory. It considers how to implement good system-wide solutions to problems that involve multiple self-interested agents [1]. In 2007, the Nobel Prize in economics was awarded to Leonid Hurwicz, Eric Maskin, and Roger Myerson “for having laid the foundations of mechanism design theory.” This indicates the importance and popularity of mechanism design in various areas of applied economics as well as market-driven applications. For instance, mechanism design has been extensively studied in practical engineering problems, such as electronic market design, distributed scheduling, and radio resource allocation.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Market-Driven Spectrum Sharing in Cognitive RadioFundamentals of Mechanism Design

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Publisher
Springer International Publishing
Copyright
© The Author(s) 2016
ISBN
978-3-319-29690-6
Pages
17 –34
DOI
10.1007/978-3-319-29691-3_2
Publisher site
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Abstract

[Mechanism design is a subfield of microeconomics and game theory. It considers how to implement good system-wide solutions to problems that involve multiple self-interested agents [1]. In 2007, the Nobel Prize in economics was awarded to Leonid Hurwicz, Eric Maskin, and Roger Myerson “for having laid the foundations of mechanism design theory.” This indicates the importance and popularity of mechanism design in various areas of applied economics as well as market-driven applications. For instance, mechanism design has been extensively studied in practical engineering problems, such as electronic market design, distributed scheduling, and radio resource allocation.]

Published: Mar 9, 2016

Keywords: Electronic Market Design; Spectrum Sharing; Auction Mechanism; Combinatorial Auctions; Forward Auction

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