Bio-Inspired Models of Network, Information, and Computing Systems. 5th International ICST Conference, BIONETICS 2010, Boston, USA, December 1-3, 2010, Revised Selected Papers

Research Article

Dynamics and Convergence of Resource Prices in Market-Oriented Overlay Networks

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  • @INPROCEEDINGS{10.1007/978-3-642-32615-8_13,
        author={Yutaka Okaie and Tadashi Nakano},
        title={Dynamics and Convergence of Resource Prices in Market-Oriented Overlay Networks},
        proceedings={Bio-Inspired Models of Network, Information, and Computing Systems. 5th International ICST Conference, BIONETICS 2010, Boston, USA, December 1-3, 2010, Revised Selected Papers},
        proceedings_a={BIONETICS},
        year={2012},
        month={10},
        keywords={Overlay networks resource markets mobile agents peer-to-peer networks},
        doi={10.1007/978-3-642-32615-8_13}
    }
    
  • Yutaka Okaie
    Tadashi Nakano
    Year: 2012
    Dynamics and Convergence of Resource Prices in Market-Oriented Overlay Networks
    BIONETICS
    Springer
    DOI: 10.1007/978-3-642-32615-8_13
Yutaka Okaie1,*, Tadashi Nakano1,*
  • 1: Osaka University
*Contact email: yokaie@wakate.frc.eng.osaka-u.ac.jp, tnakano@wakate.frc.eng.osaka-u.ac.jp

Abstract

Overlay networks use computational powers available at the edges of the Internet to provide large-scale computing and networking environments. In this paper, we consider market-oriented overlay networks in which peers trade resources and services through a common currency. From the perspective of market economics, the dynamics and convergence of resource prices in such networks is investigated by simulation and mathematical modeling, and the results are briefly reported in this short paper.