A multi-period resource auction scheme for machine-to-machine communications

From the viewpoints of mobile subscribers, the valuation of transmissions on different periods are different. Therefore, when we apply a pricing mechanism for congestion control, the number of transmission events on periods will be redistributed according to the type of application, the valuation, and the price in each period. Considering the traffic redistribution effect, in this paper we propose an auction model to allocate the number of transmissions and radio resources, along with the price for each auction winner. The proposed auction scheme can be applied to either contention-based or contention-free transmission architectures. Moreover, the proposed scheme can reach the maximal social welfare, and it is strategy-proof to the valuation report of M2M applications.