A Truthful Auction Mechanism for Resource Allocation in Mobile Edge Computing

Wu, Bilian; Chen, Xin; Chen, Ying; Lu, Yangguang

doi:10.1109/wowmom51794.2021.00015

Cited by 5 publications

(3 citation statements)

References 28 publications

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“…Therefore, in following simulations, we always set this decrease percentage as 20%. Real Random Auction (RAA) in [19] and Two Ways Auction (TWA) in [20]. It can be seen that, by running DAAA, CA, RAA and TWA auction algorithms in the computation offloading scenario, DAAA can achieve a higher total auction price than CA, RAA and TWA.…”

Section: A Simulation Results Of Optimal Decrease Percentage Of Reput...mentioning

confidence: 99%

“…In the aspects of computation resource allocation scheme and mining difficulty design to motivate ITDs, literatures [18][19][20] focus on the application of different types of auction algorithms in computing offloading. But the auction algorithms in [18][19][20] are all static auction algorithms, and cannot improved the enthusiasm of ITDs to participate in computing offloading. Literature [21] uses two-stage auction algorithm to allocate computation resources.…”

Section: Introductionmentioning

confidence: 99%

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Intelligent Terminal Computation Offloading Method Based on the Incentive of Reputation Value

Zhi

Zhang

et al. 2022

IEEE Access

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Existing researches that apply blockchain into computation offloading do not consider the enthusiasm of terminals to participate in computation offloading, the fairness of terminals to obtain bookkeeping right and the consensus mechanism that applicable to computation offloading between terminals. So, in this paper, a computation offloading method based on reputation value incentive is proposed, and the detailed workflow of this method is designed. In the workflow, a computation resource allocation method based on dynamic adjustment auction, a mining difficulty setting method based on intelligent terminal devices (ITDs) clustering and an improved POW consensus mechanism based on reputation value (RVPOW) are proposed to ensure the fairness of ITDs to obtain bookkeeping right and improve the enthusiasm of ITDs to participate in computation offloading and blockchain consensus. Simulation results show that the proposed computation offloading method can encourage ITDs to participate in computation offloading, and the RVPOW consensus mechanism can achieve fast consensus.

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Section: A Simulation Results Of Optimal Decrease Percentage Of Reput...mentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Intelligent Terminal Computation Offloading Method Based on the Incentive of Reputation Value

Zhi

Zhang

et al. 2022

IEEE Access

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show abstract

“…Currently, research and application of auctions for computing power and network resources have become relatively mature. In [11], the author proposes a real auction mechanism for resource allocation in mobile edge computing to formulate resource allocation strategies with the goal of optimizing social welfare. In [12], the author proposes a bandwidth trading platform based on blockchain, and users can use an auction to sell their excess bandwidth.…”

Section: Related Workmentioning

confidence: 99%

A Resource Allocation Scheme with the Best Revenue in the Computing Power Network

Wang

Liu

et al. 2023

Electronics

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The emergence of computing power networks has improved the flexibility of resource scheduling. Considering the current trading scenario of computing power and network resources, most resources are no longer subject to change after being allocated to users until the end of the lease. However, this practice often leads to idle resources during resource usage. To optimize resource allocation, a trading mechanism is needed to encourage users to sell their idle resources. The Myerson auction mechanism precisely aims to maximize the seller’s benefits. Therefore, we propose a resource allocation scheme based on the Myerson auction. In the scenario of the same user bidding distribution, we first combine the Myerson auction with Hyperledger Fabric by introducing a reserved price, which creates conditions for the application of blockchain in auction scenarios. Regarding different user bidding distributions, we propose a Myerson auction network model based on clustering algorithms, which makes the auction adaptable to more complex scenarios. The experimental findings show that the revenue generated by the auction model in both scenarios is significantly higher than that of the traditional sealed bid second-price auction, and can approach the expected revenue in the real Myerson auction scenario.

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Collaborative Computing Based on Truthful Online Auction Mechanism in Internet of Things

Chen

Jiao

2021

Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering

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A Truthful Auction Mechanism for Resource Allocation in Mobile Edge Computing

Cited by 5 publications

References 28 publications

Intelligent Terminal Computation Offloading Method Based on the Incentive of Reputation Value

Intelligent Terminal Computation Offloading Method Based on the Incentive of Reputation Value

A Resource Allocation Scheme with the Best Revenue in the Computing Power Network

Collaborative Computing Based on Truthful Online Auction Mechanism in Internet of Things

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