Approximating equilibrium in the digital marketplace
Konka, Jakub and Michie, Craig and Andonovic, Ivan and Atkinson, Robert; (2015) Approximating equilibrium in the digital marketplace. In: 2015 IEEE 81st Vehicular Technology Conference (VTC Spring). IEEE, GBR, pp. 1-6. ISBN 9781479980888 (https://doi.org/10.1109/VTCSpring.2015.7145708)
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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.
ORCID iDs
Konka, Jakub ORCID: https://orcid.org/0000-0001-6733-1195, Michie, Craig ORCID: https://orcid.org/0000-0001-5132-4572, Andonovic, Ivan ORCID: https://orcid.org/0000-0001-9093-5245 and Atkinson, Robert ORCID: https://orcid.org/0000-0002-6206-2229;-
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Item type: Book Section ID code: 51403 Dates: DateEventMay 2015PublishedNotes: (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. Subjects: Technology > Electrical engineering. Electronics Nuclear engineering Department: Faculty of Engineering > Electronic and Electrical Engineering Depositing user: Pure Administrator Date deposited: 02 Feb 2015 13:40 Last modified: 11 Nov 2024 14:58 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/51403