Efficiency and Nash Equilibria in a Scrip System for P2P Networks

A model of providing service in a P2P network is analyzed. It is shown that by adding a scrip system, a mechanism that admits a reasonable Nash equilibrium that reduces free riding can be obtained. The effect of varying the total amount of money (scrip) in the system on efficiency (i.e., social welfare) is analyzed, and it is shown that by maintaining the appropriate ratio between the total amount of money and the number of agents, efficiency is maximized. The work has implications for many online systems, not only P2P networks but also a wide variety of online forums for which scrip systems are popular, but formal analyses have been lacking

Fair linking mechanisms for resource allocation with correlated player types

Resource allocation is one of the most relevant problems in the area of Mechanism Design for computing systems. Devising algorithms capable of providing efficient and fair allocation is the objective of many previous research efforts. Usually, the mechanisms they propose deal with selfishness by introducing utility transfers or payments. Since using payments is undesirable in some contexts, a family of mechanisms without payments is proposed in this paper. These mechanisms extend the Linking Mechanism of Jackson and Sonnenschein introducing a generic concept of fairness with correlated preferences. We prove that these mechanisms have good incentive, fairness, and efficiency properties. To conclude, we provide an algorithm, based on the mechanisms, that could be used in practical computing environments.Publicad

Fair linking mechanisms for resource allocation with correlated player types

The proceeding at: Second International Conference,Networked Systems (NETYS 2014), took place 2014. May 15-17. in Marrakech, Morocco.Resource allocation is one of the most relevant problems in the area of Mechanism Design for computing systems. Devising algorithms capable of providing efficient and fair allocation is the objective of many previous research efforts. Usually, the mechanisms they propose use payments in order to deal with selfishness. Since using payments is undesirable in some contexts, a family of mechanisms without payments is proposed in this paper. These mechanisms extend the Linking Mechanism of Jackson and Sonnenschein introducing a generic concept of fairness with correlated preferences. We prove that these mechanisms have good incentive, fairness, and efficiency properties. To conclude, we provide an algorithm, based on the mechanisms, that could be used in practical computing environments.Publicad