Fair allocation using a fast smart market auction

Fair allocation using a fast smart market auction

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Article ID: iaor20084064
Country: Netherlands
Volume: 172
Issue: 1
Start Page Number: 352
End Page Number: 365
Publication Date: Jul 2006
Journal: European Journal of Operational Research
Authors: ,
Keywords: bidding
Abstract:

Allocation of network resources may be formulated as an optimization problem seeking to maximize the sum of the utility function of each flow. Individual flows collectively achieve social welfare with a constraint that global fairness must be provided by a congestion control scheme using congestion indication feedback signals. However, in the reality, non-cooperative flows without employing any congestion control scheme do not respond to congestion indication feedback signals. In this paper, we analyze fairness of congestion control with cooperative and non-cooperative flows for communication networks. Furthermore, we propose a fast smart-market auction approach to achieve social welfare in the environment that cooperative and non-cooperative flows coexist. Through detailed simulations, the proposed approach is proven to be effective in providing fairness.

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