Peer-to-Peer Networks: A Mechanism Design Approach
AbstractIn this paper we use mechanism design approach to find the optimal file-sharing mechanism in a peer-to-peer network. This mechanism improves upon existing incentive schemes. In particular, we show that peer-approved scheme is never optimal and service-quality scheme is optimal only under certain circumstances. Moreover, we find that the optimal mechanism can be implemented by a mixture of peer-approved and service-quality schemes.
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Bibliographic InfoPaper provided by Department of Economics, University of Missouri in its series Working Papers with number 0608.
Date of creation: 22 Dec 2006
Date of revision: 15 Jun 2006
peer-to-peer networks; mechanism design.;
Find related papers by JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-07-28 (All new papers)
- NEP-ICT-2006-07-28 (Information & Communication Technologies)
- NEP-MIC-2006-07-28 (Microeconomics)
- NEP-MKT-2006-07-28 (Marketing)
- NEP-NET-2006-07-28 (Network Economics)
- NEP-SOC-2006-07-28 (Social Norms & Social Capital)
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