Spectrum trading between virtual optical networks with time-varying traffic in an elastic optical network

Network virtualization can improve the utilization of a physical network by enabling the coexistence of multiple virtual networks supporting different services. For an elastic optical network, network virtualization would create a number of virtual optical networks (VONs) embedded in the same physical optical network. Conventionally, each of these VONs is allocated with a fixed amount of network resources. However, the traffic demand on a VON is...