NeTS: Small: Collaborative Research: Financial Dynamics of Spectrum Trading

NetS：小型：合作研究：频谱交易的金融动态

• 批准号: 0916958
• 负责人: Koushik Kar
• 金额: $ 31.78万
• 依托单位: Rensselaer Polytechnic Institute
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2009
• 资助国家: 美国
• 起止时间: 2009-09-01 至 2013-08-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=0916958&HistoricalAwards=false
• 关键词: NeTS; Small; Collaborative; Research; Financial

This award is funded under the American Recovery and Reinvestment Act of 2009 (Public Law 111-5).Presence of a well-structured market is necessary for efficient and flexible use of licensed spectrum bands, and for fair pricing of spectrum usage. The goal of this project is to design radio spectrum markets that allow trading of spectral resources - not only of the raw spectrum, but also of a variety of service contracts derived from the use of spectrum. Specific sub-problems that will be addressed in this context include: 1) spectrum-portfolio construction that optimizes risk-versus-return trade-offs, 2) strategy design for optimal cooperation among providers, 3) price-driven dynamic scheduling of subscribers, 4) optimal pricing of spectral contracts, and 5) regulatory mechanisms for effective functioning of the spectrum markets. The solutions to the above problems take advantage of similar formulations in financial engineering, and use tools from optimization, stochastic calculus, and control and game theory.The project is expected to revolutionize spectrum trading by facilitating the design of secondary spectrum markets and spectrum regulation policies. Towards this end, This project aims at establishing a new cross-disciplinary field that is at the interface of wireless networks and financial mathematics. The results will lead to more efficient use of the available spectrum by reducing spectrum wastage and fairness in pricing of wireless subscribers, and also help formulate governmental spectrum management and regulation policies. The results will be disseminated through publications in premier journals and conferences, and interactions with collaborators in the wireless industry.

该奖项是根据2009年的《美国回收与再投资法》（公法111-5）资助的。结构良好的市场对于有效且灵活地使用有执照的频谱频段是必要的，对于频谱使用情况的公平定价。该项目的目的是设计允许光谱资源交易的无线电光谱市场 - 不仅是原始频谱，而且还涉及源自频谱的多种服务合同。在这种情况下将解决的特定子问题包括：1）优化风险与返回风险的折衷权衡的频谱 - 端口构建，2）2）提供者最佳合作的策略设计，3）订户的价格驱动动态调度，4）4）最佳的频谱合同的优化频谱合同和5）调节机制的效率机制。上述问题的解决方案利用了金融工程中的类似配方，并使用优化，随机演算以及控制与游戏理论的工具。该项目有望通过促进二级频谱市场和频谱调节政策的设计来彻底改变频谱交易。为此，该项目旨在建立一个新的跨学科领域，该领域位于无线网络和金融数学的界面。结果将通过减少无线订户定价的频谱浪费和公平性，从而更有效地利用可用频谱，并有助于制定政府频谱管理和监管政策。结果将通过首屈一指的期刊和会议的出版物以及与无线行业的合作者进行互动来传播。