Abstract
We introduce a simulation-based approach to the problem that mobile users may face in a multi-provider environment when seeking to satisfy their demand for bandwidth; if they are allowed to satisfy their individual demands by aggregating shares from two or more providers the problem becomes one of resource allocation in a competitive market. We use the Progressive Second-Price auction at each provider, exploring the properties of three bidding strategies. Simulations aim at learning whether the auction converges at each seller when bidders, either make coordinated or non-coordinated decisions among auctions, or complement already secured shares by bidding at other auctions. Aggregate measures of welfare and sellers’ revenue are obtained for each simulation run.
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© 2006 Springer-Verlag Berlin Heidelberg
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Beltrán, F., Roggendorf, M. (2006). A Simulation-Based Approach to Bidding Strategies for Network Resources in Competitive Wireless Networks. In: Stiller, B., Reichl, P., Tuffin, B. (eds) Performability Has its Price. ICQT 2006. Lecture Notes in Computer Science, vol 4033. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11780502_5
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DOI: https://doi.org/10.1007/11780502_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-35456-7
Online ISBN: 978-3-540-35457-4
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