Distributed Computation as an Economic System

Bernardo A. Huberman and Tad Hogg

Journal of Economic Perspectives, 1995, vol. 9, issue 1, 141-152

Abstract: 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.

JEL-codes: A14 L96 (search for similar items in EconPapers)
Date: 1995
Note: DOI: 10.1257/jep.9.1.141
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Citations: View citations in EconPapers (7)

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