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Trading wireless capacity through spectrum virtualization using LTE-A

Gomez, Marcela and Cui, Liu and Weiss, Martin B.H. (2014) Trading wireless capacity through spectrum virtualization using LTE-A. In: Telecommunications Policy Research Conference, 12 September 2014 - 14 September 2014, Arlington VA.

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Abstract

Markets for spectrum were first proposed by Ronald Coase as a way to efficiently allocate this resource. It took another forty years for primary markets to be developed (in the form of spectrum auctions) as the mechanism for assigning spectrum licenses to users. It is not a secret that secondary markets would be necessary to fully realize the benefits of economic allocation of spectrum. But this is easier said than done, since spectrum is a complex, multi-dimensional product with relatively few buyers and sellers (at least for commercial mobile services), so liquid secondary markets have not emerged, even though spectrum trading through brokers is commonplace. In this paper, we find that liquidity for spectrum markets can be improved over "naked" spectrum markets when a standardized commodity can be traded that uses the principles of spectrum virtualization. We utilize the Physical Resource Blocks (PRBs) of LTE-Advanced as the traded commodity and modify the SPECTRAD model developed in [5] accordingly. Though much remains to be done, we find that this is a promising approach to finally realizing liquid secondary markets in radio spectrum.


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Details

Item Type: Conference or Workshop Item (Paper)
Status: Published
Creators/Authors:
CreatorsEmailPitt UsernameORCID
Gomez, Marcelammg62@pitt.eduMMG62
Cui, Liu
Weiss, Martin B.H.mbw@pitt.eduMBW
Date: September 2014
Date Type: Publication
Access Restriction: No restriction; Release the ETD for access worldwide immediately.
Event Title: Telecommunications Policy Research Conference
Event Dates: 12 September 2014 - 14 September 2014
Event Type: Conference
Institution: University of Pittsburgh
Schools and Programs: School of Information Sciences > Telecommunications
Refereed: Yes
Date Deposited: 19 Aug 2014 14:49
Last Modified: 21 Sep 2017 20:56
URI: http://d-scholarship.pitt.edu/id/eprint/22723

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