Title
Risky Business: Motivations for Markets in Programmable Networks
Abstract
We believe that the problems of safety, security and resource usage combine to make it unlikely that programmable networks will ever be viable without mechanisms to transfer risk from the platform provider to the user and the programmer. However, we have well established mech- anisms for managing risk - markets. In this paper we argue for the es- tablishment of markets to manage the risk in running a piece of software and to ensure that the risk is reflected on all the stakeholders. We describe a strawman architecture for third party computation in the programmable network. Within this architecture, we identify two major novel features:- Dynamic price setting, and a reputation service. We investigate the feasibility of these features and provide evidence that a practical system can indeed be built. Our contributions are in the argument for markets providing a risk man- agement mechanism for programmable networks, the development of an economic model showing incentives for developing better software, and in the first analysis of a real transaction graph for reputation systems from an Internet commerce site.
Year
DOI
Venue
2003
10.1007/978-3-540-24715-9_23
IWAN
Keywords
Field
DocType
economic model
Transaction processing,Reputation system,Programmer,Risk analysis (business),Computer security,Computer science,Risk management,Network management,The Internet,Reputation
Conference
Volume
ISSN
Citations 
2982
0302-9743
1
PageRank 
References 
Authors
0.36
23
5
Name
Order
Citations
PageRank
Ian Wakeman1436129.40
David Ellis210.36
Tim Owen3313.28
Julian Rathke410.36
Des Watson5171.83