Dynamics of Multiple-Seller and Multiple-Buyer Spectrum Trading in Cognitive Radio Networks: A Game-Theoretic Modeling Approach

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Executive Summary

The authors consider the problem of spectrum trading with multiple licensed users (i.e., primary users) selling spectrum opportunities to multiple unlicensed users (i.e., secondary users). The secondary users can adapt the spectrum buying behavior (i.e., evolve) by observing the variations in price and quality of spectrum offered by the different primary users or primary service providers. The primary users or primary service providers can adjust their behavior in selling the spectrum opportunities to secondary users to achieve the highest utility. In this paper, they model the evolution and the dynamic behavior of secondary users using the theory of evolutionary game.

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