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Proceedings Paper

Auction-based bandwidth allocation in the Internet
Author(s): Jiaolong Wei; Chi Zhang
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Paper Abstract

It has been widely accepted that auctioning which is the pricing approach with minimal information requirement is a proper tool to manage scare network resources. Previous works focus on Vickrey auction which is incentive compatible in classic auction theory. In the beginning of this paper, the faults of the most representative auction-based mechanisms are discussed. And then a new method called uniform-price auction (UPA), which has the simplest auction rule is proposed and it's incentive compatibility in the network environment is also proved. Finally, the basic mode is extended to support applications which require minimum bandwidth guarantees for a given time period by introducing derivative market, and a market mechanism for network resource allocation which is predictable, riskless, and simple for end-users is completed.

Paper Details

Date Published: 1 July 2002
PDF: 7 pages
Proc. SPIE 4866, Quality of Service over Next-Generation Internet, (1 July 2002); doi: 10.1117/12.473014
Show Author Affiliations
Jiaolong Wei, Institute for Pattern Recognition and Artificial Intelligence and Huazhong Univ. of Scienc (China)
Chi Zhang, Huazhong Univ. of Science and Technology (China)


Published in SPIE Proceedings Vol. 4866:
Quality of Service over Next-Generation Internet
Mohammed Atiquzzaman; Mahbub Hassan, Editor(s)

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