DeepAI AI Chat
Log In Sign Up

Network Slicing: Market Mechanism and Competitive Equilibria

by   Panagiotis Promponas, et al.
Yale University

Towards addressing spectral scarcity and enhancing resource utilization in 5G networks, network slicing is a promising technology to establish end-to-end virtual networks without requiring additional infrastructure investments. By leveraging Software Defined Networks (SDN) and Network Function Virtualization (NFV), we can realize slices completely isolated and dedicated to satisfy the users' diverse Quality of Service (QoS) prerequisites and Service Level Agreements (SLAs). This paper focuses on the technical and economic challenges that emerge from the application of the network slicing architecture to real-world scenarios. We consider a market where multiple Network Providers (NPs) own the physical infrastructure and offer their resources to multiple Service Providers (SPs). Then, the SPs offer those resources as slices to their associated users. We propose a holistic iterative model for the network slicing market along with a clock auction that converges to a robust ϵ-competitive equilibrium. At the end of each cycle of the market, the slices are reconfigured and the SPs aim to learn the private parameters of their users. Numerical results are provided that validate and evaluate the convergence of the clock auction and the capability of the proposed market architecture to express the incentives of the different entities of the system.


From Resource Auction to Service Auction: An Auction Paradigm Shift in Wireless Networks

In 5G and beyond, the newly emerging services, such as edge computing/in...

Online Estimation of Resource Overload Risk in 5G Multi-Tenancy Network

The technology of network slicing, as the most characteristic feature of...

An agile and distributed mechanism for inter-domain network slicing in next generation mobile networks

Network slicing is emerging as a promising method to provide sought-afte...

Predictive Closed-Loop Service Automation in O-RAN based Network Slicing

Network slicing provides introduces customized and agile network deploym...

From ATM to MPLS and QCI: The Evolution of Differentiated QoS Standards and Implications for 5G Network Slicing

The networking community continues to create new technologies and update...

Towards Failure Resiliency in 5G: Service Shifting

Many real-world services can be provided through multiple VNF graphs, co...

The Interplay of Competition and Cooperation Among Service Providers

We consider the economics of the interaction between Mobile Virtual Netw...