Pricing equilibrium for data redistribution market in wireless networks with matching methodology

Yanyao Shen; Chunxiao Jiang; Tony Q.S. Quek; Haijun Zhang; Yong Ren

doi:10.1109/ICC.2015.7248792

Pricing equilibrium for data redistribution market in wireless networks with matching methodology

Yanyao Shen, Chunxiao Jiang, Tony Q.S. Quek, Haijun Zhang, Yong Ren

Department of Computer Science and Information Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

4 Citations (Scopus)

Abstract

The issue of data pricing is becoming more important than before in order to build an internet ecosystem. In this paper, we consider a data redistribution market where users with extra data quota are able to sell data to users that have used up their data quota. We consider this market problem with multiple users on both sides, and analyze on two possible market environment to achieve market equilibrium: the exogenous pricing scenario and endogenous pricing scenario. The stable matching algorithm and message-passing algorithm are used respectively. Simulation results show that while exogenous pricing market achieves equilibrium at a certain market price, the endogenous pricing market achieves equilibrium for each pair with better overall performance although without stability.

Original language	English
Title of host publication	2015 IEEE International Conference on Communications, ICC 2015
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	3051-3056
Number of pages	6
ISBN (Electronic)	9781467364324
DOIs	https://doi.org/10.1109/ICC.2015.7248792
Publication status	Published - 2015 Sept 9
Event	IEEE International Conference on Communications, ICC 2015 - London, United Kingdom Duration: 2015 Jun 8 → 2015 Jun 12

Publication series

Name	IEEE International Conference on Communications
Volume	2015-September
ISSN (Print)	1550-3607

Other

Other	IEEE International Conference on Communications, ICC 2015
Country/Territory	United Kingdom
City	London
Period	15-06-08 → 15-06-12

All Science Journal Classification (ASJC) codes

Computer Networks and Communications
Electrical and Electronic Engineering

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10.1109/ICC.2015.7248792

Cite this

Shen, Y., Jiang, C., Quek, T. Q. S., Zhang, H., & Ren, Y. (2015). Pricing equilibrium for data redistribution market in wireless networks with matching methodology. In 2015 IEEE International Conference on Communications, ICC 2015 (pp. 3051-3056). [7248792] (IEEE International Conference on Communications; Vol. 2015-September). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICC.2015.7248792

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title = "Pricing equilibrium for data redistribution market in wireless networks with matching methodology",

abstract = "The issue of data pricing is becoming more important than before in order to build an internet ecosystem. In this paper, we consider a data redistribution market where users with extra data quota are able to sell data to users that have used up their data quota. We consider this market problem with multiple users on both sides, and analyze on two possible market environment to achieve market equilibrium: the exogenous pricing scenario and endogenous pricing scenario. The stable matching algorithm and message-passing algorithm are used respectively. Simulation results show that while exogenous pricing market achieves equilibrium at a certain market price, the endogenous pricing market achieves equilibrium for each pair with better overall performance although without stability.",

author = "Yanyao Shen and Chunxiao Jiang and Quek, {Tony Q.S.} and Haijun Zhang and Yong Ren",

note = "Publisher Copyright: {\textcopyright} 2015 IEEE.; IEEE International Conference on Communications, ICC 2015 ; Conference date: 08-06-2015 Through 12-06-2015",

year = "2015",

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doi = "10.1109/ICC.2015.7248792",

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Shen, Y, Jiang, C, Quek, TQS, Zhang, H & Ren, Y 2015, Pricing equilibrium for data redistribution market in wireless networks with matching methodology. in 2015 IEEE International Conference on Communications, ICC 2015., 7248792, IEEE International Conference on Communications, vol. 2015-September, Institute of Electrical and Electronics Engineers Inc., pp. 3051-3056, IEEE International Conference on Communications, ICC 2015, London, United Kingdom, 15-06-08. https://doi.org/10.1109/ICC.2015.7248792

Pricing equilibrium for data redistribution market in wireless networks with matching methodology. / Shen, Yanyao; Jiang, Chunxiao; Quek, Tony Q.S. et al.

2015 IEEE International Conference on Communications, ICC 2015. Institute of Electrical and Electronics Engineers Inc., 2015. p. 3051-3056 7248792 (IEEE International Conference on Communications; Vol. 2015-September).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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N2 - The issue of data pricing is becoming more important than before in order to build an internet ecosystem. In this paper, we consider a data redistribution market where users with extra data quota are able to sell data to users that have used up their data quota. We consider this market problem with multiple users on both sides, and analyze on two possible market environment to achieve market equilibrium: the exogenous pricing scenario and endogenous pricing scenario. The stable matching algorithm and message-passing algorithm are used respectively. Simulation results show that while exogenous pricing market achieves equilibrium at a certain market price, the endogenous pricing market achieves equilibrium for each pair with better overall performance although without stability.

AB - The issue of data pricing is becoming more important than before in order to build an internet ecosystem. In this paper, we consider a data redistribution market where users with extra data quota are able to sell data to users that have used up their data quota. We consider this market problem with multiple users on both sides, and analyze on two possible market environment to achieve market equilibrium: the exogenous pricing scenario and endogenous pricing scenario. The stable matching algorithm and message-passing algorithm are used respectively. Simulation results show that while exogenous pricing market achieves equilibrium at a certain market price, the endogenous pricing market achieves equilibrium for each pair with better overall performance although without stability.

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Shen Y, Jiang C, Quek TQS, Zhang H, Ren Y. Pricing equilibrium for data redistribution market in wireless networks with matching methodology. In 2015 IEEE International Conference on Communications, ICC 2015. Institute of Electrical and Electronics Engineers Inc. 2015. p. 3051-3056. 7248792. (IEEE International Conference on Communications). doi: 10.1109/ICC.2015.7248792

Pricing equilibrium for data redistribution market in wireless networks with matching methodology

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