Economics-Informed Design of Peer-to-Peer and Overlay Networks (p2pecon)
John Chuang and Ion Stoica
The fundamental premise of peer-to-peer systems is that individual peers voluntarily contribute resources to the system. However, the inherent tension between individual rationality and collective welfare produces a misalignment of incentives in the grassroots provisioning of p2p services. Our multi-disciplinary research team is working to develop a framework for understanding the technical and economic characteristics of p2p systems, and to design economic mechanisms for incentive compatible p2p applications.