Distributed Computation as an Economic System

Bernardo A. Huberman, Tad Hogg · The Journal of Economic Perspectives · 1995

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.

Read the paper · More papers on PaperTik