Open AccessDistributed Computation as an Economic System
Author(s) -
Bernardo A. Huberman,
Tad Hogg
Publication year - 1995
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.9.1.141
Subject(s) - computer science , computation , economics , industrial organization , distributed computing , economic system , algorithm
As computer networks grow and blanket the planet, they become a community of concurrent processes, which, in their interactions, strategies, and lack of perfect knowledge, become analogous to human market economies. Economics may thus offer new ways of designing and understanding the behavior of distributed computer systems.
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