Economics of semantic communication in Metaverse: an auction approach

Zi Qin Liew; Hongyang Du; Wei Yang Bryan Lim; Zehui Xiong; Dusit Niyato; Han Yu

doi:10.1109/CCNC51644.2023.10060647

Economics of semantic communication in Metaverse: an auction approach

Zi Qin Liew
, Hongyang Du
, Wei Yang Bryan Lim
, Zehui Xiong
, Dusit Niyato
, Han Yu

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

6 Citations (Scopus)

Abstract

Metaverse provides embodied artificial-reality experience to the users in the virtual spaces. Many innovative and creative services such as virtual conference and tourism have been realized in the digital twins maintained by the virtual service providers (VSP) in Metaverse. Digital twins are digital copies of the physical world constructed virtually by the VSPs using real-world data. For a realistic experience, VSPs need to collect data that is up-to-date and relevant to their services. In this paper, we propose an incentive design framework to support the data trading between VSPs and edge devices. In the auction model, we model the valuation of data by considering data relatedness and data freshness. In our model, the semantic communication model is used to filter the relevant data, and the age of information (AoI) metric is used to assess the data freshness. Results show that by considering the data freshness, our mechanism helps to increase the average update frequency so that the VSPs obtain fresh data for construction of digital twins. Our model ensures the desired properties of individual rationality, incentive compatibility, and budget balance.

Original language	English
Title of host publication	2023 IEEE 20th Consumer Communications and Networking Conference, CCNC 2023
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	398-403
Number of pages	6
ISBN (Electronic)	9781665497343
DOIs	https://doi.org/10.1109/CCNC51644.2023.10060647
Publication status	Published - 17 Mar 2023
Externally published	Yes
Event	20th IEEE Consumer Communications and Networking Conference, CCNC 2023 - Las Vegas, United States Duration: 08 Jan 2023 → 11 Jan 2023

Publication series

Name	Proceedings - IEEE Consumer Communications and Networking Conference, CCNC
ISSN (Print)	2331-9852
ISSN (Electronic)	2331-9860

Conference

Conference	20th IEEE Consumer Communications and Networking Conference, CCNC 2023
Country/Territory	United States
City	Las Vegas
Period	08/01/2023 → 11/01/2023

Bibliographical note

Publisher Copyright:
© 2023 IEEE.

Keywords

age of information
incentive mechanism
Metaverse
semantic communication

ASJC Scopus subject areas

Artificial Intelligence
Computer Networks and Communications
Computer Vision and Pattern Recognition
Electrical and Electronic Engineering

Access to Document

10.1109/CCNC51644.2023.10060647Licence: Unspecified

Cite this

Liew, Z. Q., Du, H., Bryan Lim, W. Y., Xiong, Z., Niyato, D., & Yu, H. (2023). Economics of semantic communication in Metaverse: an auction approach. In 2023 IEEE 20th Consumer Communications and Networking Conference, CCNC 2023 (pp. 398-403). (Proceedings - IEEE Consumer Communications and Networking Conference, CCNC). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/CCNC51644.2023.10060647

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title = "Economics of semantic communication in Metaverse: an auction approach",

abstract = "Metaverse provides embodied artificial-reality experience to the users in the virtual spaces. Many innovative and creative services such as virtual conference and tourism have been realized in the digital twins maintained by the virtual service providers (VSP) in Metaverse. Digital twins are digital copies of the physical world constructed virtually by the VSPs using real-world data. For a realistic experience, VSPs need to collect data that is up-to-date and relevant to their services. In this paper, we propose an incentive design framework to support the data trading between VSPs and edge devices. In the auction model, we model the valuation of data by considering data relatedness and data freshness. In our model, the semantic communication model is used to filter the relevant data, and the age of information (AoI) metric is used to assess the data freshness. Results show that by considering the data freshness, our mechanism helps to increase the average update frequency so that the VSPs obtain fresh data for construction of digital twins. Our model ensures the desired properties of individual rationality, incentive compatibility, and budget balance.",

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Liew, ZQ, Du, H, Bryan Lim, WY, Xiong, Z, Niyato, D & Yu, H 2023, Economics of semantic communication in Metaverse: an auction approach. in 2023 IEEE 20th Consumer Communications and Networking Conference, CCNC 2023. Proceedings - IEEE Consumer Communications and Networking Conference, CCNC, Institute of Electrical and Electronics Engineers Inc., pp. 398-403, 20th IEEE Consumer Communications and Networking Conference, CCNC 2023, Las Vegas, United States, 08/01/2023. https://doi.org/10.1109/CCNC51644.2023.10060647

Economics of semantic communication in Metaverse: an auction approach. / Liew, Zi Qin; Du, Hongyang; Bryan Lim, Wei Yang et al.
2023 IEEE 20th Consumer Communications and Networking Conference, CCNC 2023. Institute of Electrical and Electronics Engineers Inc., 2023. p. 398-403 (Proceedings - IEEE Consumer Communications and Networking Conference, CCNC).

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

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AU - Liew, Zi Qin

AU - Du, Hongyang

AU - Bryan Lim, Wei Yang

AU - Xiong, Zehui

AU - Niyato, Dusit

AU - Yu, Han

PY - 2023/3/17

Y1 - 2023/3/17

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AB - Metaverse provides embodied artificial-reality experience to the users in the virtual spaces. Many innovative and creative services such as virtual conference and tourism have been realized in the digital twins maintained by the virtual service providers (VSP) in Metaverse. Digital twins are digital copies of the physical world constructed virtually by the VSPs using real-world data. For a realistic experience, VSPs need to collect data that is up-to-date and relevant to their services. In this paper, we propose an incentive design framework to support the data trading between VSPs and edge devices. In the auction model, we model the valuation of data by considering data relatedness and data freshness. In our model, the semantic communication model is used to filter the relevant data, and the age of information (AoI) metric is used to assess the data freshness. Results show that by considering the data freshness, our mechanism helps to increase the average update frequency so that the VSPs obtain fresh data for construction of digital twins. Our model ensures the desired properties of individual rationality, incentive compatibility, and budget balance.

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ER -

Liew ZQ, Du H, Bryan Lim WY, Xiong Z, Niyato D, Yu H. Economics of semantic communication in Metaverse: an auction approach. In 2023 IEEE 20th Consumer Communications and Networking Conference, CCNC 2023. Institute of Electrical and Electronics Engineers Inc. 2023. p. 398-403. (Proceedings - IEEE Consumer Communications and Networking Conference, CCNC). doi: 10.1109/CCNC51644.2023.10060647

Economics of semantic communication in Metaverse: an auction approach

Abstract

Publication series

Conference

Bibliographical note

Keywords

ASJC Scopus subject areas

Access to Document

Fingerprint

Cite this