The Bidding Strategy Research of Radio Spectrum User Auction Based on the Partial Distribution

Abstract

In the spectrum auction, bidding strategy of telecommunication operation enterprise is very important. Considing the telecommunication operation enterprise how to choose the optimal bidding strategy as the train of thought. According to the spectrum of value distribution characteristics to the enterprise, using incomplete information static game theory to construct the operating enterprise bidding game model based on the partial distribution, and obtained model’s Nash equilibrium through the simulation with numerical solutions of the form. At the same time, the equilibrium analysis found: enterprise’s valuation central tendency or fluctuation can positive motivate its equilibrium bid; Along with the enterprise central tendency of valuation and fluctuation amplitude of valuation increasing ceaselessly, increasing unit valuation incentive equilibrium bid increment continuously increase.