Spectrum markets for wireless services

Junjik Bae*, Eyal Beigman, Randall Berry, Michael L. Honig, Hongxia Shen, Rakesh Vohra, Hang Zhou

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution

22 Scopus citations

Abstract

It has been widely recognized that the current under-utilization of spectrum across many bands could be alleviated through the application of spectrum markets. So far, discussions of market mechanisms for spectrum allocations have focused primarily on secondary markets, which are managed by licensees. Here we explore the consequences of lifting current restrictions on allocations and ownership, and allowing more extensive markets for allocating spectrum across locations, times, and diverse sets of applications (e.g., broadcast, cellular, broadband data, emergency, etc). To motivate our discussion we first estimate the achievable rate per user that could be provided by sharing a large portion of the spectrum suitable for cellular and broadcast types of services. Our results suggest that in general the demand for spectrum may exceed supply implying that market mechanisms are needed to avoid a tragedy of the commons (i.e., associated with an alternative commons model). We then discuss a two-tier spectrum market structure for wireless services in which licenses for spectrum assets at particular locations are traded as commodities. Spectrum owners can choose to rent or lease their spectrum assets via spot markets at particular locations. Such an approach may lower barriers to entry into the wireless services market thereby facilitating competition and the introduction of new services.

Original languageEnglish (US)
Title of host publication2008 3rd IEEE Symposium on New Frontiers in Dynamic Spectrum Access Networks, DySPAN 2008
Pages629-638
Number of pages10
DOIs
StatePublished - Dec 29 2008
Event2008 3rd IEEE Symposium on New Frontiers in Dynamic Spectrum Access Networks, DySPAN 2008 - Chicago, IL, United States
Duration: Oct 14 2008Oct 17 2008

Publication series

Name2008 IEEE Symposium on New Frontiers in Dynamic Spectrum Access Networks, DySPAN 2008

Other

Other2008 3rd IEEE Symposium on New Frontiers in Dynamic Spectrum Access Networks, DySPAN 2008
CountryUnited States
CityChicago, IL
Period10/14/0810/17/08

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Electrical and Electronic Engineering
  • Communication

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