Contract theory for incentive mechanism design in cooperative relaying networks

Yinshan Liu; Xiaofeng Zhong; Yang Yan; Jing Wang; Walid Saad

doi:10.1007/978-3-319-07782-6_28

Contract theory for incentive mechanism design in cooperative relaying networks

Yinshan Liu
, Xiaofeng Zhong
, Yang Yan
, Jing Wang
, Walid Saad

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Citation (Scopus)

Abstract

Multiuser cooperative communication significantly improves the performance of wireless communication networks. One key challenge of multiuser cooperative communication is how to design a cooperative mechanism to incentivize potential relay nodes to help a source node in its data transmission. In this paper, to address this problem, we apply a contract-based principal-agent framework to a cognitive-radio-based wireless relaying networks, in which a mobile relay node acts as the principal who designs Incentive Compatible (IC) and Individually Rational (IR) contract items, consisting of a set of rate-price pairs. Subsequently, contract items can be broadcast by a relay to nearby mobile users that want to send data. Once these sources optimally select a relay at the lowest cost and notify the contract items that they are willing to accept, the relay then chooses at least one source for which to provide service. Theoretical analysis and numerical results indicate that this pricing mechanism can lead to a win-win situation in which source nodes get good communication service and relay nodes maximize their own profit that can be used to purchase the relay service of other nodes when needed in the future.

Original language	English
Title of host publication	Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings
Editors	Zhipeng Cai, Chaokun Wang, Siyao Cheng, Hongzhi Wang, Hong Gao
Publisher	Springer Verlag
Pages	302-312
Number of pages	11
ISBN (Electronic)	9783319077819
DOIs	https://doi.org/10.1007/978-3-319-07782-6_28
Publication status	Published - 2014
Event	9th International Conference on Wireless Algorithms, Systems and Applications, WASA 2014 - Harbin, China Duration: 23 Jun 2014 → 25 Jun 2014

Publication series

Name	Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume	8491
ISSN (Print)	0302-9743
ISSN (Electronic)	1611-3349

Conference

Conference	9th International Conference on Wireless Algorithms, Systems and Applications, WASA 2014
Country/Territory	China
City	Harbin
Period	23/06/14 → 25/06/14

Bibliographical note

Publisher Copyright:
© Springer International Publishing Switzerland 2014.

Keywords

Contract theory
Cooperative communication
Incentive mechanism
Relaying networks

Access to Document

10.1007/978-3-319-07782-6_28

Cite this

Liu, Y., Zhong, X., Yan, Y., Wang, J., & Saad, W. (2014). Contract theory for incentive mechanism design in cooperative relaying networks. In Z. Cai, C. Wang, S. Cheng, H. Wang, & H. Gao (Eds.), Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings (pp. 302-312). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 8491). Springer Verlag. https://doi.org/10.1007/978-3-319-07782-6_28

Liu, Yinshan ; Zhong, Xiaofeng ; Yan, Yang et al. / Contract theory for incentive mechanism design in cooperative relaying networks. Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings. editor / Zhipeng Cai ; Chaokun Wang ; Siyao Cheng ; Hongzhi Wang ; Hong Gao. Springer Verlag, 2014. pp. 302-312 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).

@inproceedings{4032106086d140df89b51b1b9b6b4a5f,

title = "Contract theory for incentive mechanism design in cooperative relaying networks",

abstract = "Multiuser cooperative communication significantly improves the performance of wireless communication networks. One key challenge of multiuser cooperative communication is how to design a cooperative mechanism to incentivize potential relay nodes to help a source node in its data transmission. In this paper, to address this problem, we apply a contract-based principal-agent framework to a cognitive-radio-based wireless relaying networks, in which a mobile relay node acts as the principal who designs Incentive Compatible (IC) and Individually Rational (IR) contract items, consisting of a set of rate-price pairs. Subsequently, contract items can be broadcast by a relay to nearby mobile users that want to send data. Once these sources optimally select a relay at the lowest cost and notify the contract items that they are willing to accept, the relay then chooses at least one source for which to provide service. Theoretical analysis and numerical results indicate that this pricing mechanism can lead to a win-win situation in which source nodes get good communication service and relay nodes maximize their own profit that can be used to purchase the relay service of other nodes when needed in the future.",

keywords = "Contract theory, Cooperative communication, Incentive mechanism, Relaying networks",

author = "Yinshan Liu and Xiaofeng Zhong and Yang Yan and Jing Wang and Walid Saad",

note = "Publisher Copyright: {\textcopyright} Springer International Publishing Switzerland 2014.; 9th International Conference on Wireless Algorithms, Systems and Applications, WASA 2014 ; Conference date: 23-06-2014 Through 25-06-2014",

year = "2014",

doi = "10.1007/978-3-319-07782-6\_28",

language = "English",

series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",

publisher = "Springer Verlag",

pages = "302--312",

editor = "Zhipeng Cai and Chaokun Wang and Siyao Cheng and Hongzhi Wang and Hong Gao",

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}

Liu, Y, Zhong, X, Yan, Y, Wang, J & Saad, W 2014, Contract theory for incentive mechanism design in cooperative relaying networks. in Z Cai, C Wang, S Cheng, H Wang & H Gao (eds), Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), vol. 8491, Springer Verlag, pp. 302-312, 9th International Conference on Wireless Algorithms, Systems and Applications, WASA 2014, Harbin, China, 23/06/14. https://doi.org/10.1007/978-3-319-07782-6_28

Contract theory for incentive mechanism design in cooperative relaying networks. / Liu, Yinshan; Zhong, Xiaofeng; Yan, Yang et al.
Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings. ed. / Zhipeng Cai; Chaokun Wang; Siyao Cheng; Hongzhi Wang; Hong Gao. Springer Verlag, 2014. p. 302-312 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 8491).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Contract theory for incentive mechanism design in cooperative relaying networks

AU - Liu, Yinshan

AU - Zhong, Xiaofeng

AU - Yan, Yang

AU - Wang, Jing

AU - Saad, Walid

N1 - Publisher Copyright: © Springer International Publishing Switzerland 2014.

PY - 2014

Y1 - 2014

N2 - Multiuser cooperative communication significantly improves the performance of wireless communication networks. One key challenge of multiuser cooperative communication is how to design a cooperative mechanism to incentivize potential relay nodes to help a source node in its data transmission. In this paper, to address this problem, we apply a contract-based principal-agent framework to a cognitive-radio-based wireless relaying networks, in which a mobile relay node acts as the principal who designs Incentive Compatible (IC) and Individually Rational (IR) contract items, consisting of a set of rate-price pairs. Subsequently, contract items can be broadcast by a relay to nearby mobile users that want to send data. Once these sources optimally select a relay at the lowest cost and notify the contract items that they are willing to accept, the relay then chooses at least one source for which to provide service. Theoretical analysis and numerical results indicate that this pricing mechanism can lead to a win-win situation in which source nodes get good communication service and relay nodes maximize their own profit that can be used to purchase the relay service of other nodes when needed in the future.

AB - Multiuser cooperative communication significantly improves the performance of wireless communication networks. One key challenge of multiuser cooperative communication is how to design a cooperative mechanism to incentivize potential relay nodes to help a source node in its data transmission. In this paper, to address this problem, we apply a contract-based principal-agent framework to a cognitive-radio-based wireless relaying networks, in which a mobile relay node acts as the principal who designs Incentive Compatible (IC) and Individually Rational (IR) contract items, consisting of a set of rate-price pairs. Subsequently, contract items can be broadcast by a relay to nearby mobile users that want to send data. Once these sources optimally select a relay at the lowest cost and notify the contract items that they are willing to accept, the relay then chooses at least one source for which to provide service. Theoretical analysis and numerical results indicate that this pricing mechanism can lead to a win-win situation in which source nodes get good communication service and relay nodes maximize their own profit that can be used to purchase the relay service of other nodes when needed in the future.

KW - Contract theory

KW - Cooperative communication

KW - Incentive mechanism

KW - Relaying networks

UR - https://www.scopus.com/pages/publications/84919393200

U2 - 10.1007/978-3-319-07782-6_28

DO - 10.1007/978-3-319-07782-6_28

M3 - Conference contribution

AN - SCOPUS:84919393200

T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)

SP - 302

EP - 312

BT - Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings

A2 - Cai, Zhipeng

A2 - Wang, Chaokun

A2 - Cheng, Siyao

A2 - Wang, Hongzhi

A2 - Gao, Hong

PB - Springer Verlag

T2 - 9th International Conference on Wireless Algorithms, Systems and Applications, WASA 2014

Y2 - 23 June 2014 through 25 June 2014

ER -

Liu Y, Zhong X, Yan Y, Wang J, Saad W. Contract theory for incentive mechanism design in cooperative relaying networks. In Cai Z, Wang C, Cheng S, Wang H, Gao H, editors, Wireless Algorithms, Systems and Applications - 9th International Conference, WASA 2014, Proceedings. Springer Verlag. 2014. p. 302-312. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)). doi: 10.1007/978-3-319-07782-6_28

Contract theory for incentive mechanism design in cooperative relaying networks

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Bibliographical note

Keywords

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