Title :
Streamlining the digital economy: how to avert a tragedy of the commons
Author :
Gupta, Alok ; Jukic, Boris ; Parameswaran, Manoj ; Stahl, Dale O. ; Whinston, Andrew B.
Author_Institution :
Center for Res. in Electron. Commerce, Texas Univ., Austin, TX, USA
Abstract :
To achieve its unique potential in a digital economy, the Internet must be able to guarantee a quality of service. Solving this problem requires the integration of economic principles and engineering design. The authors describe their work on a control mechanism that is decentralized and computationally feasible
Keywords :
DP industry; EFTS; Internet; business communication; business data processing; commerce; decentralised control; design engineering; economics; Internet; computationally feasible mechanism; decentralized control mechanism; digital economy; electronic commerce; engineering design; guaranteed service quality; streamlining; Computer networks; Costs; Economic forecasting; Electronic commerce; IP networks; Internet; Pricing; Protocols; Quality of service; Resource management;
Journal_Title :
Internet Computing, IEEE
DOI :
10.1109/4236.643935