Coopetition spectrum trading - Creating endogenous spectrum holes

Dynamic spectrum access is an important way to alleviate the spectrum scarcity. Traditionally, secondary users are allowed to opportunistically operate when primary users are absent and buy idle bands from primary users. Although it improves the spectrum utility to some extents, it is not enough. In this paper, we argue that spectrum hole should be endogenous which means they should be negotiated by primary and secondary users. We proposed a novel spectrum sharing scheme with spectrum usage and management right. Further, we suggest spectrum trading as a financial option to capture the realistic usage and increase the trading flexibility. We show the superior of our model for primary users in deterministic and dynamic leasing environments.