ToNC Workshop Economic Foundations - PowerPoint PPT Presentation

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ToNC Workshop Economic Foundations

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Title: Economic Approaches and Strategic Behavior in Networks Author: Eva Tardos Last modified by: Milena Created Date: 2/16/2006 8:42:47 PM Document presentation format – PowerPoint PPT presentation

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Title: ToNC Workshop Economic Foundations


1
ToNC WorkshopEconomic Foundations
2
Opportunities
Game theory, mechanism design, incentives

networking considers it important.
Well defined forums, e.g. EC, NetEcon workshop.
Well accepted within mainstream theory and
networking.
3
  • A categorization of network economic problems
  • Engineering, mechanism design
  • Reverse Engineering, e.g. network formation,
  • to which game is the internet the
    answer?
  • Analysis, e.g. price of anarchy,
  • more general properties
    of equilibrium

4
Engineering, Mechanism D.
  • Beyond traditional games equilibria
  • limited/hidden info, bounded rationality
    bounded communication, dynamics, online
  • Less emphasis on Nash eq., issues of learning,
    lack of info, asynchrony,collusion (towards other
    solution concepts)
  • Network complexity, computational mechanism
    design
  • Mechanism design without money
  • Axiomatic approach to network design

5
Engineering (cont)
  • Incentives for evolvability, deployability
  • Tradeoff between end-to-end vs smarts inside the
    network
  • Reputation theory (e.g in P2P, denial of service)
  • Security, is there a formalization of deception

6
Reverse Engineering Games
  • What games give rise to internet like networks?
  • Axiomatic approaches to protocols (BGP example)
  • WWW, a convincing model, economics driven

7
Analysis
  • Properties of equilibria, properties predictive
    of network performance (e.g. conductance)
  • Price of information hiding in internet

8
General concerns
  • Scope of networking (social, biological probably
    yes, whats not included?)

9
Other issues End-to-end vs content aware
tradeoffs
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