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Money-Based Coordination of Network Packets

  • Pavlos S. Efraimidis
  • Remous-Aris Koutsiamanis
Part of the Lecture Notes in Computer Science book series (LNCS, volume 7878)

Abstract

In this work, we apply a common economic tool, namely money, to coordinate network packets. In particular, we present a network economy, called PacketEconomy, where each flow is modeled as a population of rational network packets, and these packets can self-regulate their access to network resources by mutually trading their positions in router queues. We consider a corresponding Markov model of trade and show that there are Nash equilibria (NE) where queue positions and money are exchanged directly between the network packets. This simple approach, interestingly, delivers significant improvements for packets and routers.

Keywords

Nash Equilibrium Pure Strategy Congestion Control Average Delay Packet Delay 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Pavlos S. Efraimidis
    • 1
  • Remous-Aris Koutsiamanis
    • 1
  1. 1.Dept. of Electrical and Computer EngineeringDemocritus Univ. of ThraceXanthiGreece

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