  This paper presents a comprehensive literature review on applications of
economic and pricing theory for resource management in the evolving fifth
generation (5G) wireless networks. The 5G wireless networks are envisioned to
overcome existing limitations of cellular networks in terms of data rate,
capacity, latency, energy efficiency, spectrum efficiency, coverage,
reliability, and cost per information transfer. To achieve the goals, the 5G
systems will adopt emerging technologies such as massive Multiple-Input
Multiple-Output (MIMO), mmWave communications, and dense Heterogeneous Networks
(HetNets). However, 5G involves multiple entities and stakeholders that may
have different objectives, e.g., high data rate, low latency, utility
maximization, and revenue/profit maximization. This poses a number of
challenges to resource management designs of 5G. While the traditional
solutions may neither efficient nor applicable, economic and pricing models
have been recently developed and adopted as useful tools to achieve the
objectives. In this paper, we review economic and pricing approaches proposed
to address resource management issues in the 5G wireless networks including
user association, spectrum allocation, and interference and power management.
Furthermore, we present applications of economic and pricing models for
wireless caching and mobile data offloading. Finally, we highlight important
challenges, open issues and future research directions of applying economic and
pricing models to the 5G wireless networks.

Computer Science and Game Theory;Networking and Internet Architecture