Peer-to-Peer Auctioning with Fairness Incentives

B. Różański (Poland)

Keywords

P2P, cooperation, auctions, fairness, incentives

Abstract

In this paper we introduce a protocol for peer-to-peer auc tioning with incentives for fair cooperation. The protocol is based on different assumptions than client-server auction ing systems, and utilizes strengths of DHT-based P2P algo rithms to alleviate problems of existing protocols. Unlike present solutions for client-server architecture, our protocol is scalable to large networks, independent of traffic bottle necks, has smaller operational cost and allows more conve nient searching for suitable sale offers.

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