Peer-to-Peer Networks: A Mechanism Design Approach
Oksana Loginova, X. Wang, Haibin Lu · RePEc: Research Papers in Economics · 2006
In 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.