A Dynamic Pricing Method for Efficient Radio Resource Management in Wireless Access Networks

Radio Resource Management(RRM) has become critical with the current growth in the development of new technologies and services in the field of cellular communications. Efficient management of available radio resources and the possibility of dynamically selling unused spectrum are crucial challenges...

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Bibliographic Details
Main Authors: Kiran, Y. V., Giaffreda, R.
Format: Conference Proceeding
Language:English
Subjects:
Computational modeling
Heuristic algorithms
Learning
Marketing and sales
Mathematical model
Pricing
Resource management
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Summary:Radio Resource Management(RRM) has become critical with the current growth in the development of new technologies and services in the field of cellular communications. Efficient management of available radio resources and the possibility of dynamically selling unused spectrum are crucial challenges for the telecom operators. We propose an auction model for efficiently marketing radio resources and a dynamic pricing method for setting the prices of communication resources for sale. Simulation results demonstrate the effectiveness of the proposed pricing method in maximizing the revenue and success rate of the bid compared to the random pricing.
ISSN:1550-3607
1938-1883
DOI:10.1109/icc.2011.5962681