Quality-Sensitive Price Competition in Secondary Market Spectrum Oligopoly—Single Location Game

  title={Quality-Sensitive Price Competition in Secondary Market Spectrum Oligopoly—Single Location Game},
  author={Arnob Ghosh and Saswati Sarkar},
  journal={IEEE/ACM Transactions on Networking},
We investigate a spectrum oligopoly market where each primary seeks to sell its channel to a secondary. Transmission rate of a channel evolves randomly. Each primary needs to select a price depending on the transmission rate of its channel. Each secondary selects a channel depending on the price and the transmission rate of the channel. We formulate the above problem as a noncooperative game. We show that there exists a unique Nash equilibrium (NE) and explicitly compute it. Under the NE… CONTINUE READING
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Microeconomic Theory

A. M. Colell, M. Whinston, J. Green
Oxford, U.K.: Oxford Univ. Press • 1995
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