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Given this background, this dissertation provides a theoretical research between wireless communications, networking, and economics.Especially, different contract theory models have been applied in various wireless networks scenarios.
This paper aims to scrutinize the importance of wireless networks and identify various types of wireless networks.
Furthermore their associated pros and cons will be examined along with their environmental hazards and various other virtual security concerns.
In the other way round, third parties or end-users need to evaluate the economic benefits of cooperating or using the services from different service providers.
Overall, the current wireless networks are facing a problem in which there is a tight coupling of industry-specific technologies and non-technology related network externality.
In wireless networks, the employer/seller(s) and employee/buyer(s) can be of different roles depending on the scenario under consideration.
Thus, there is a great potential to utilize the ideas, methods, and models of contract theory to design efficient wireless network mechanisms.
This work places a fundamental research on network economics, especially with the framework of contract theory.
This research has the potential to contribute to the future of wireless networks network economics area, and have a long term effect on problems such as incentive mechanism and pricing schemes design, resource sharing and trading.
Finally we will conclude by stating the outcomes of wireless networking technology.
A wireless network can be defined as any type of computer network that is of wireless nature and that is linked with a telecommunications network whose connections is linked with nodes and the entire process is carried out without wires.