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Table 8 Comparisons of social utility and individual utility between competitive equilibrium (CE) with balanced individual utilities and Nash equilibrium (NE), difference tolerance = 0.01 and average of 100 simulation runs.

From: Budget Allocation in a Competitive Communication Spectrum Economy

No. of channels

No. of users

 

2

4

6

8

10

 

Social*

 

Social

Indiv

Social

Indiv

Social

Indiv

Social

Indiv

2

0.96%

46%

0.59%

45%

0.41%

47%

0.34%

48%

0.44%

48%

4

1.05%

55%

0.83%

53%

0.42%

50%

0.01%

48%

0.42%

48%

6

1.14%

56%

0.08%

50%

0.15%

48%

0.08%

48%

0.01%

49%

8

1.27%

58%

0.66%

57%

0.17%

51%

0.00%

49%

0.19%

52%

10

1.15%

61%

0.88%

58%

0.52%

54%

0.22%

52%

0.08%

53%

12

1.35%

66%

0.78%

57%

0.50%

56%

0.39%

54%

0.16%

52%

14

1.43%

67%

0.85%

60%

0.28%

55%

0.10%

52%

0.16%

54%

16

1.60%

75%

0.88%

60%

0.42%

55%

0.30%

54%

0.29%

55%

18

1.63%

72%

0.71%

59%

0.34%

54%

0.14%

55%

0.16%

52%

20

1.50%

73%

0.80%

59%

0.30%

56%

0.11%

54%

0.17%

54%

  1. *Social:
  2. †Indiv: average percentage in number of users obtaining higher individual utilities in CE than in NE.