Journal of Applied Mathematics & Bioinformatics

Auction-Based Participation Promotion in Decentralized Networks

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  • Abstract

     

    In a volunteer-based self-organizing network, such as a peer-to-peer (P2P) network, a wireless ad-hoc network, and a device-to-device (D2D) network, participation and cooperation of volunteer nodes are crucial for the network to sustain. We call this kind of network a “decentralizednetwork in this paper as we cannot assume any centralized global management nor control.

    Rewarding by auction has been thought to be effective to keep or promote incentives to participation and cooperation in many studies. This short paper proposes a simple and light-weight mechanism for decentralized networks based on the concept of Vickrey auction. This paper focuses on two problems of fair execution and participation incentives in particular. Results of the simulation-based experiments and evaluations confirm that the proposed mechanism is effective in promoting participation incentives.

     

    Keywords: Participation incentives, Free-rider problem, Auction, Decentralized networks.