A General Framework for Wireless Spectrum Auctions

We propose a real-time spectrum auction framework to distribute spectrum among a large number wireless users under interference constraints. Our approach achieves conflict-free spectrum allocations that maximize auction revenue and spectrum utilization. Our design includes a compact and yet highly expressive bidding language, various pricing models to control tradeoffs between revenue and fairness, and fast auction clearing algorithms to compute revenue-maximizing prices and allocations. Both analytical and experimental results verify the efficiency of the proposed approach. We conclude that bidding behaviors and pricing models have significant impact on auction outcomes. A spectrum auction system must consider local demand and spectrum availability in order to maximize revenue and utilization.