Auction-based Adaptive Resource Allocation Optimization in Dense and Heterogeneous IoT Networks

TL;DR

This paper introduces an auction-based adaptive resource allocation framework for dense IoT networks, combining novel auction mechanisms and Bayesian strategies to improve efficiency, energy use, and robustness in resource-constrained environments.

Contribution

It proposes a new modified Simultaneous Ascending Auction (mSAA) mechanism tailored for dense IoT networks, integrating Bayesian game strategies for enhanced performance.

Findings

mSAA outperforms traditional auction methods in surplus maximization.

The approach improves channel throughput and energy efficiency.

Simulation confirms robustness and adaptability to heterogeneous IoT nodes.

Abstract

Efficient and reliable resource allocation within densely-deployed massive IoT networks remains a key challenge due to resource constraints among low-size, weight, and power (SWaP) IoT devices and within the network and limitations of conventional centralized methods under incomplete information. We propose a novel auction-based framework for adaptive resource allocation, combining space-time-frequency spreading (STFS) techniques with Bayesian Game approaches. We introduce novel modified Simultaneous Ascending Auction (mSAA) mechanism tailored to densely-deployed and low-complexity IoT networks, enabling distributed computation and reduced power consumption. By incorporating Bayesian game-based bidding strategies and optimizing dispersion matrices for signal transmission, the proposed approach ensures enhanced channel throughput and energy efficiency. Comparative analysis against traditional auction types, including First-Price and Second-Price Sealed-Bid Auctions, as well as the Vickery-Clarke-Groves (VCG) mechanism, demonstrates the superiority of mSAA in terms of surplus maximization, revenue efficiency, and robustness in risk-prone bidding environments. Simulation results validate the model's adaptability to heterogeneous IoT nodes and its potential for dense deployment across different environments and verticals.