Title
Dynamic Pricing over Multiple Rounds of Spectrum Leasing in Cognitive Radio
Abstract
In this paper, the problem of dynamic pricing over multiple rounds of spectrum leasing is investigated. One primary network is considered, which is the spectrum seller and would like to lease its unused channels to secondary users. To accommodate different arrival instants of secondary users’ spectrum requests, spectrum leasing is performed in multiple rounds (stages), and in each stage, a separate spectrum price is set. First we consider the case that, for each specific price value, the spectrum demand (the number of channels requested by secondary users) is a random variable. An optimization problem is formulated to set up the spectrum prices in the multiple stages, with the purpose of maximizing the total revenue of the primary network. The solving method of the formulated optimization problem is presented. Additionally, some interesting properties of the optimal solution are also presented, such as monotonicity and convexity of the maximal total revenue with respect to stage index, and lower/upper bounds of the maximal total revenue. Further, we consider the case that, for a specific price value, the spectrum demand is non-random, and can be solely determined by the price. An incremental algorithm is given to find out the optimal price values at the stages. We also demonstrate the monotonicity of the optimal price value with respect to the stage index. Numerical results are provided to verify the research findings and compare with existing work.
Year
DOI
Venue
2016
10.1109/TVT.2015.2409156
IEEE Trans. Vehicular Technology
Keywords
DocType
Volume
cognitive radio,dynamic pricing,spectrum leasing
Journal
PP
Issue
ISSN
Citations 
99
0018-9545
3
PageRank 
References 
Authors
0.43
7
5
Name
Order
Citations
PageRank
Rongfei Fan161135.49
Yu Zheng230.77
Jianping An331.79
Hai Jiang42173139.46
X. Li5498.78