Distributed Computation as an Economic System

  • Huberman B
  • Hogg T
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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.

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APA

Huberman, B. A., & Hogg, T. (1995). Distributed Computation as an Economic System. Journal of Economic Perspectives, 9(1), 141–152. https://doi.org/10.1257/jep.9.1.141

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