In this paper we formulate the fixed budget resource allocation game to understand the performance of a distributed marketbased resource allocation system. Multiple users decide ...
When rational but myopic agents negotiate over the exchange of indivisible resources, any restriction to the negotiation protocol may prevent the system from converging to a socia...
Lack of cooperation (free riding) is one of the key problems that confronts today’s P2P systems. What makes this problem particularly difficult is the unique set of challenges ...
Michal Feldman, Kevin Lai, Ion Stoica, John Chuang
In many market settings, agents do not know their preferences a priori. Instead, they may have to solve computationally complex optimization problems, query databases, or perform ...
Citing recent successes in forecasting elections, movies, products, and other outcomes, prediction market advocates call for widespread use of market-based methods for government ...
Sharad Goel, Daniel M. Reeves, Duncan J. Watts, Da...