Distributed Computation as an Economic System
- (pp. 141-152)
AbstractAs 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.
CitationHuberman, 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
- L96 Telecommunications
- A14 Sociology of Economics