Price Stability in Peer-to-Peer Resource Markets

  • Authors:
  • Yutaka Okaie;Tadashi Nakano

  • Affiliations:
  • -;-

  • Venue:
  • 3PGCIC '10 Proceedings of the 2010 International Conference on P2P, Parallel, Grid, Cloud and Internet Computing
  • Year:
  • 2010

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Abstract

As in economic markets, price stability is a major concern in peer-to-peer resource markets. In this paper, we describe a model for understanding the dynamics and convergence of resource prices in a peer-to-peer resource market. We analyze and simulate the resource price dynamics to identify conditions for achieving long-term price stability.