Peer–to–Peer Bartering

Large–scale distributed environments can be seen as a conflict between the selfish aims of their participants and the group welfare of the population as a whole. In order to regulate the behaviour of these participants it is often necessary to introduce mechanisms that provide incentives and stimulate cooperative behaviour in order to mitigate for the resultant potentially undesirable availability outcomes which could arise from individual actions. The history of economics contains a wide variety of incentive patterns for cooperation. In this work, we adopt bartering incentive pattern as an attractive foundation for a simple and robust form of exchange to re–allocate resources. The core of this research is the analysis of bartering in the Internet Age.