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Journal of Economic Perspectives: Vol. 9 No. 1 (Winter 1995)
JEP Volume. 9, Issue 1 | 
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Distributed Computation as an Economic System
Article Citation
Huberman, Bernardo A., and
Tad Hogg. 1995. "Distributed Computation as an Economic System."
Journal of Economic Perspectives,
9(1): 141-152.
DOI: 10.1257/jep.9.1.141
DOI: 10.1257/jep.9.1.141
Abstract
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.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Huberman, Bernardo A. (Xerox Palo Alto Research Center, Palo Alto, CA)
Hogg, Tad (Xerox Palo Alto Research Center, Palo Alto, CA)
Hogg, Tad (Xerox Palo Alto Research Center, Palo Alto, CA)
JEL Classifications
L96: Telecommunications
A14: Sociology of Economics
A14: Sociology of Economics
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