A game theoretic framework for peer-to-peer market economy
International Journal of Grid and Utility Computing
Frontiers of Computer Science in China
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In this paper, we develop a rational model of a market-oriented service overlay network in which peers trade resources and services through a common currency called energy. In our model, an overlay network is created by a set of non-cooperative resource providing peers, called platforms, that perform resource pricing and topology management to maximize their own energy gains. Resource consuming peers, called agents, are simply designed to migrate platform-to-platform to find least expensive resources in the network. Computer simulations are used to analyze global properties of the network that emerge from local interactions among a group of platforms and agents.