| Budget Amount *help |
¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2012: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2011: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
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| Research Abstract |
In this project, we consider a peer-to-peer resource market as a new economic infrastructure on the Internet, where participating peers trade computing resources (e.g., CPU cycles). First, we develop a game theoretic model of the peer-to-peer resource market to understand the dynamics of resource prices. We then identify through mathematical analysis and simulation various conditions for the peer-to-peer resource market to achieve long-term price stability.
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