2012 Fiscal Year Final Research Report
Internet market economy: Exploratory research to establish a newresource market on the Internet
| Project/Area Number |
23650028
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Multi-year Fund |
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| Research Field |
Computer system/Network
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| Research Institution | Osaka University |
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Principal Investigator |
NAKANO Tadashi 大阪大学, 大学院・生命機能研究科, 招へい准教授 (70571173)
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| Project Period (FY) |
2011 – 2012
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| Keywords | ネットワークアーキテクチャ / 理論経済学 |
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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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