IS296A Economics-Informed Design of Networked Systems

Tentative Schedule and Readings

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Month Date Topic DQs
Aug 29 Introduction
Sep 5 Labor Day -- no class
12 Economic Characteristics of Communication Networks [readings][slides]
19 Demand and Pricing [readings] Brad, Paul
26 Economics of Wireless Networks [readings] Alvise, Sergiu
Oct 3 Network Architecture [readings][slides] Matthew, Karthik, Mike D, Bowei
10 Economics of P2P Networks: Free-riding, Incentives for Cooperation [readings][slides] Ross, Andrew
17 Economics of P2P Networks: BitTorrent Case Study [readings] Gary, Edmund, Sarah, Jer-Yee
24 Reputation and Trust [readings]; Guest speaker: Dr. Sonja Buchegger [slides] Brighten, Jen, Jonathan
31 Network Formation and Economics of Social Networks [readings] Megan, Stephanie, Ryan
Nov 7 Information Asymmetries; Mechanism Design [readings] Guest speaker: Dr. Moshe Babaioff Melissa
14 Economics of Information Security [readings] Steve, Jeffrey, Josh
21 Rethinking Rationality [readings] Scott, Ben, Jens
28 Student presentations [schedule]
Dec 5 Student presentations [schedule]

 

Part 1. Economics of Communication Networks
Sep 12. Economic Characteristics of Networks and Implications

Read:

Economics, Computer Science, and Policy.
Michael Kearns
Issues in Science and Technology, Winter 2005
http://www.cis.upenn.edu/~mkearns/papers/ist.pdf

Pricing Communication Networks: Economics, Technology and Modelling, Wiley 2003. Chapters 5-6.
Courcoubetis and Weber

Wikipedia Entries:
http://en.wikipedia.org/wiki/Welfare_economics
http://en.wikipedia.org/wiki/Social_welfare_function
http://en.wikipedia.org/wiki/Pareto_efficiency
http://en.wikipedia.org/wiki/Market_forms
http://en.wikipedia.org/wiki/Natural_monopoly
http://en.wikipedia.org/wiki/Network_effect (another overview article on network effects)

Optional:

A refutation of Metcalfe's Law and a better estimate for the value of networks and network interconnections
A. Odlyzko and B. Tilly
Mimeo, 2005
http://www.dtc.umn.edu/~odlyzko/doc/metcalfe.pdf

Economic FAQs About the Internet
Jeffrey K. MacKie-Mason and Hal R. Varian
MIT Workshop on Internet Economics March 1995
http://www.press.umich.edu/jep/works/FAQs.html

An Introduction to Internet Economics
Lee W. McKnight and Joseph P. Bailey
MIT Workshop on Internet Economics March 1995
http://www.press.umich.edu/jep/works/McKniIntro.html

Other articles from the same workshop (http://www.press.umich.edu/jep/econTOC.html) which were eventually edited into a book: McKnight, L. W., J. P. Bailey, eds. (1997) Internet Economics. MIT Press, Cambridge, MA.

Sep 19. Demand and Pricing

Read:

The Demand for Bandwidth: Evidence from the INDEX Experiment
Hal Varian
Mimeo, 2002
http://www.sims.berkeley.edu/~hal/Papers/brookings.pdf
http://www.sims.berkeley.edu/~hal/Papers/brookings/brookings.html
http://www.sims.berkeley.edu/~hal/Papers/brookings-talk.pdf

An Overview of Pricing Concepts for Broadband IP Networks
M Falkner, M Devetsikiotis, I Lambadaris
IEEE Communications Surveys & Tutorials, 2000
http://www.comsoc.org/livepubs/surveys/public/2q00issue/pdf/Falkner.pdf

Skim:

An Economic Map of the Internet
Shawn O'Donnell
Telecommunications Policy Research Conference, Sep 2002.
http://itc.mit.edu/itel/docs/2002/Internet_Map.pdf

Optional:

A. M. Odlyzko
The evolution of price discrimination in transportation and its implications for the Internet
Review of Network Economics, vol. 3, no. 3, September 2004, pp. 323-346.
http://www.rnejournal.com/articles/odlyzko_RNE_sept_2004.pdf

Paris Metro Pricing for the Internet
A. M. Odlyzko
Proc. ACM Conference on Electronic Commerce (EC'99), ACM, 1999, pp. 140-147.
http://www.dtc.umn.edu/~odlyzko/doc/paris.metro.pricing.pdf

Pricing Congestible Network Resources
J. K. MacKie-Mason, H. Varian
IEEE Journal on Selected Areas in Communications, 1995
http://www.sims.berkeley.edu/~hal/Papers/pricing-congestible.pdf

Pricing the Internet
J. K. MacKie-Mason, H. Varian
In Public access to the Internet, B. Kahin and J. Keller, eds., Englewood Cliffs, NJ; Prentice-Hall, 1995.
http://www-personal.umich.edu/~jmm/papers/Pricing_the_Internet.pdf

Wikipedia entry:
http://en.wikipedia.org/wiki/Price_discrimination

Sep 26. Economics of Wireless Networks

Read:

Spectrum Management: Property Rights, Markets, and The Commons
Gerald R. Faulhaber, David J. Farber
AEI-Brookings Joint Center for Regulatory Studies, Working Paper 02-12, 2002.
http://100x100network.org/papers/faulhaber-brookings2002.pdf

Metro-Scale Mesh Networking with Tropos MetroMesh™ Architecture
Technology Whitepaper
February, 2005
Tropos Networks, Inc.
http://www.tropos.com/pdf/tropos_metro-scale.pdf

Maximizing Profitability: Tropos Networks and the Wireless ISP
Business Case Whitepaper
February, 2005
Tropos Networks, Inc.
http://www.tropos.com/pdf/bus_case_whitpaper.pdf

Optional:

Business Case Models for Fixed Broadband Wireless Access based on WiMAX Technology and the 802.16 Standard
WiMAX Forum Whitepaper
October 10, 2004
http://www.wimaxforum.org/news/downloads/WiMAX-The_Business_Case-Rev3.pdf

WiMAX: The Business Case for Fixed Wireless Access in Emerging Markets
WiMAX Forum Whitepaper
June 2005
http://www.wimaxforum.org/news/downloads/Business_Case_for_Emerging_Mkts_Rev1_2.pdf

The Role of Fixed Wireless Access Networks in the Deployment of Broadband Services and Competition in Local Telecommunications Markets: An Engineering, Economic, and Public Policy Analysis
Kanchana Wanichkorn, Marvin Sirbu
Telecommunications Policy Research Conference, September, 2002
http://www.ini.cmu.edu/ITC/Wanichkorn-Sirbu_TPRC02_v2.pdf

Developing and Deploying Multihop Wireless Networks for Low-Income Communities
Joseph D. Camp, Edward W. Knightly, and William S. Reed
Proceedings of Digital Communities 2005, Napoli, Italy, June 2005.
http://www.ece.rice.edu/networks/content/pdf/TFA.pdf

Economic Analysis of Networking Technologies for Rural Developing Regions
Shridhar Mubaraq Mishra, John Hwang, Dick Filippini, Reza Moazzami, and Lakshminarayanan Subramanian
To appear, 1st Workshop on Internet and Network Economics, 2005.
http://bwrc.eecs.berkeley.edu/People/Grad_Students/smm/wine324a.pdf

"Wireless Philadelphia", the citywide wireless broadband network
- Business Plan: http://www.wirelessphiladelphia.org/pdfs/Wireless-Phila-Business-Plan-040305-1245pm.pdf
- Request for Proposals: http://www.phila.gov/wireless/pdfs/WP%20RFP%204-5-05%20rev%20v4-CLEAN.pdf

Game Theoretic Modeling of WiFi Pricing
J. Musacchio, J. Walrand
41st Annual Allerton Conference on Communication and Control, Monticello, IL, October 2003.
http://robotics.eecs.berkeley.edu/~wlr/Papers/allerton2003_WiFi.pdf

End-to-End Performance and Fairness in Multihop Wireless Backhaul Networks
V. Gambiroza, B. Sadeghi, and E. Knightly
Proceedings of ACM MobiCom 2004, Philadelphia, PA, September 2004.
http://www.ece.rice.edu/networks/papers/GSK04.pdf

Oct 3. Network Architecture

Read:

The Design Philosophy of the DARPA Internet Protocols
David D. Clark
Proc. SIGCOMM ‘88, Computer Communication Review Vol. 18, No. 4, August 1988, pp. 106–114
http://www.acm.org/sigs/sigcomm/ccr/archive/1995/jan95/ccr-9501-clark.pdf

Tussle in Cyberspace: Defining Tomorrow’s Internet
David D. Clark, John Wroclawski, Karen R. Sollins, Robert Braden
Proceedings of ACM Sigcomm 2002.
http://sigcomm.org/sigcomm2002/papers/tussle.pdf

The Paradox of the Best Network
David S. Isenberg and David Weinberger
http://netparadox.com/

Optional:

Assessing the Internet: Lessons Learned, Strategies for Evolution, and Future Possibilities
Vinton G. Cerf and Robert E. Kahn
ACM 2004 Turing Award Lecture, August 22, 2005.
Webcast: http://www.acm.org/sigs/sigcomm/sigcomm2005/webcast.html

End-to-end arguments in system design.
J. H. Saltzer, D. P. Reed, and D. D. Clark.
ACM Transactions on Computer Systems, pages 277-288, 1984.
http://www.reed.com/Papers/EndtoEnd.html

Rise of the Stupid Network
David Isenberg
Computer Telephony, August 1997, pg 16-26.
http://isen.com/stupid.html
http://www.hyperorg.com/misc/stupidnet.html

Rethinking the design of the Internet: The end to end arguments vs. the brave new world
David D. Clark, Marjory S. Blumenthal
TPRC 2000
http://cyberlaw.stanford.edu/e2e/papers/TPRC-Clark-Blumenthal.pdf

A Blueprint for Introducing Disruptive Technology into the Internet.
Larry Peterson, Tom Anderson, David Culler, and Timothy Roscoe.
Proceedings of the First ACM Workshop on Hot Topics in Networking (HotNets), October 2002.
http://www.planet-lab.org/php/hotnets.pdf

Towards an Evolvable Internet Architecture
Sylvia Ratnasamy, Scott Shenker, Steven McCanne
Proceedings of ACM Sigcomm 2005.
http://sigcomm.org/sigcomm2005/paper-RatShe.pdf
 

Part 2. Economics of Peer-to-Peer Networks
Oct 10. Free-Riding, Incentives for Cooperation

Read:

The Evolution of Cooperation.
Axelrod, Robert
Science, 211(4489):1390-6, 1981
http://www.ifi.unizh.ch/groups/ailab/people/nitschke/refs/Cooperation/axelrod.pdf
http://en.wikipedia.org/wiki/The_Evolution_of_Cooperation

Free Riding on Gnutella
E. Adar, B. Huberman
First Monday, 5(10), October 2000.
http://www.firstmonday.org/issues/issue5_10/adar/index.html

Robust Incentive Techniques for Peer-to-Peer Networks
M. Feldman, K. Lai, I. Stoica, and J. Chuang
ACM E-Commerce Conference (EC'04), May 2004.
http://p2pecon.berkeley.edu/pub/p243-EC04.pdf

Background material (Wikipedia Entries):

http://en.wikipedia.org/wiki/Collective_action
http://en.wikipedia.org/wiki/Public_good
http://en.wikipedia.org/wiki/Tragedy_of_the_Commons

http://en.wikipedia.org/wiki/Game_theory
http://en.wikipedia.org/wiki/Prisoner's_dilemma
http://en.wikipedia.org/wiki/Nash_equilibrium

Optional:

Incentives for sharing in peer-to-peer networks
Philippe Golle, Kevin Leyton-Brown, Ilya Mironov
Proceedings of the 3rd ACM conference on Electronic Commerce, p.264-267, 2001
http://crypto.stanford.edu/~pgolle/papers/peer.html

Quantifying Disincentives in Peer-to-Peer Networks
M. Feldman, K. Lai, J. Chuang, and I. Stoica
1st Workshop on Economics of Peer-to-Peer Systems, June 2003
http://www.sims.berkeley.edu/p2pecon/papers/s4-feldman.ps

Free-Riding and Whitewashing in Peer-to-Peer Systems
M. Feldman, C. Papadimitriou, J. Chuang, and I. Stoica
ACM SIGCOMM'04 Workshop on Practice and Theory of Incentives in Networked Systems (PINS), August 2004.
http://www.acm.org/sigs/sigcomm/sigcomm2004/workshop_papers/p35-feldman11.pdf

Free Riding on Gnutella Revisited: The Bell Tolls?
Hughes, Coulson, Walkerdine
IEEE Distributed Systems Online, June 2005
http://ieeexplore.ieee.org/iel5/8968/31531/01471660.pdf?arnumber=1471660

The Economics of Peer-to-Peer Networks
R Krishnan, MD Smith, R Telang
Journal of Information Technology Theory and Applications, 2003
http://www.heinz.cmu.edu/~rtelang/jitta_published.pdf

Oct 17. BitTorrent Case Study

Read:

Incentives Build Robustness in Bit Torrent
Bram Cohen
1st Workshop on Economics of Peer-to-Peer Systems, 2003
http://www.sims.berkeley.edu/research/conferences/p2pecon/papers/s4-cohen.pdf

Incentives in BitTorrent Induce Free Riding
Seung Jun and Mustaque Ahamad
3rd Workshop on Economics of Peer-to-Peer Systems (P2PECON), August 2005.
http://www.acm.org/sigs/sigcomm/sigcomm2005/paper-JunAha.pdf

Drawing Crowds and Bit Welfare
Eytan Adar
ACM SIGECOM Exchanges, July 2005.
http://www.acm.org/sigs/sigecom/exchanges/volume_5_(04)/5.4-adar.pdf

Optional:

Influences on Cooperation in BitTorrent Communities
Nazareno Andrade, Miranda Mowbray, Aliandro Lima, Gustavo Wagner, Matei Ripeanu
3rd Workshop on Economics of Peer-to-Peer Systems (P2PECON), August 2005.
http://www.acm.org/sigs/sigcomm/sigcomm2005/paper-AndMow.pdf

Faithfulness in Internet Algorithms
Jeffrey Shneidman, David C. Parkes, Laurent Massoulié
ACM SIGCOMM'04 Workshop on Practice and Theory of Incentives in Networked Systems (PINS), August 2004.
http://portal.acm.org/citation.cfm?id=1016537

A Case for Taxation in Peer-to-Peer Streaming Broadcast
Y.-H. Chu, J. Chuang, and H. Zhang
ACM SIGCOMM'04 Workshop on Practice and Theory of Incentives in Networked Systems (PINS), August 2004.
http://www.acm.org/sigs/sigcomm/sigcomm2004/workshop_papers/pin24-chu111.pdf

SplitStream: High-bandwidth multicast in a cooperative environment
M. Castro, P. Druschel, A-M. Kermarrec, A. Nandi, A. Rowstron and A. Singh
ACM SOSP'03, Lake Bolton, New York, October, 2003.
http://research.microsoft.com/~antr/PAST/SplitStream-sosp.pdf

Samsara: Honor Among Thieves in Peer-to-Peer Storage
LP Cox, BD Noble, TJ Green
ACM SOSP'03, Lake Bolton, New York, October, 2003.
http://portal.acm.org/citation.cfm?id=945458

Oct 24. Reputation and Trust

Read:

Reputation Systems
Resnick, Paul, Zeckhauser, Richard, Friedman, Eric, and Kuwabara, Ko.
Communications of the ACM, 43(12), December 20000, pages 45-48.
http://www.acm.org/pubs/citations/journals/cacm/2000-43-12/p45-resnick/

Evolution of indirect reciprocity by image scoring
Nowak and Sigmund
Nature 393, 573 - 577 (11 June 1998)
http://www.nature.com/doifinder/10.1038/31225
http://www.ped.fas.harvard.edu/people/faculty/publications_nowak/Nature98.pdf

Self-Policing Mobile Ad-Hoc Networks by Reputation Systems
Sonja Buchegger, Jean-Yves Le Boudec
IEEE Communications Magazine, Special Topic on Advances in Self-Organizing Networks, July 2005
http://www.sonja.ws/selfpolicing_commag2005.pdf

Skim:

Friedman, E. and P. Resnick (2001)
The Social Cost of Cheap Pseudonyms.
Journal of Economics and Management Strategy 10(2): 173-199.
http://www.si.umich.edu/~presnick/papers/identifiers/081199.pdf

Optional:

The Evolution of Cooperation under Cheap Pseudonyms
M. Feldman, J. Chuang
7th International IEEE Conference on E-Commerce Technology (CEC'05), July 2005.
http://p2pecon.berkeley.edu/pub/FC-EC05.pdf

Sybilproof reputation mechanisms
Cheng and Friedman.
3rd Workshop on Economics of Peer-to-Peer Systems (P2PECON), August 2005.
http://www.acm.org/sigs/sigcomm/sigcomm2005/paper-CheFri.pdf

The EigenTrust Algorithm for Reputation Management in P2P Networks
S. Kamvar, M. Scholsser, and H. Garcia-Molina
Proc. 12th Int'l World Wide Web Conf., 2003.
http://www.stanford.edu/~sdkamvar/papers/eigentrust.pdf

A robust reputation system for p2p and mobile ad-hoc networks
Sonja Buchegger, Jean-Yves Le Boudec
P2PEcon 2004, Harvard University, Cambridge MA, U.S.A., June 2004
http://www.eecs.harvard.edu/p2pecon/confman/papers/s2p2.pdf

The Digitization of Word-of-Mouth: Promise and Challenges of Online Reputation Mechanisms.
Chris Dellarocas
Management Science, October 2003.
http://ssrn.com/abstract=393042

Further exploration:

Reputations Research Network
http://reputationresearch.net/
 

Part 3. Additional Considerations
Oct 31. Network Formation; Social Networks

Read:

Wikipedia Entry:
http://en.wikipedia.org/wiki/Social_network

The Economics of Social Networks
Matthew Jackson
July 2005
Proceedings of the 9th World Congress of the Econometric Society, edited by Richard Blundell, Whitney Newey, and Torsten Persson, Cambridge University Press.
http://www.hss.caltech.edu/~jacksonm/netect.pdf

Enhancing Reputation Mechanisms via Online Social Networks
T. Hogg and L. Adamic
Proceedings of the 5th ACM conference on Electronic commerce, 2004
http://portal.acm.org/citation.cfm?id=988811

Optional:

SPROUT: P2P Routing with Social Networks
Sergio Marti, Prasanna Ganesan, and Hector Garcia-Molina.
First International Workshop on Peer-to-Peer and Databases (P2P&DB 2004). March, 2004.
http://www.stanford.edu/~smarti/papers/2004-10.pdf

Economic Properties of Social Networks
S. Kakade, M. Kearns, L. Ortiz, R. Pemantle, and S. Suri
Proceedings of NIPS 2004
http://www.cis.upenn.edu/~mkearns/papers/socialecon.pdf

On a Network Creation Game
Fabrikant, Luthra, Maneva, Papadimitriou, Shenker
ACM Symposium on Principles of Distributed Computing, 2003
http://portal.acm.org/citation.cfm?id=872035.872088

Characterizing Selfishly Constructed Overlay Routing Networks
Byung-Gon Chun, Rodrigo Fonseca, Ion Stoica and John Kubiatowicz
IEEE INFOCOM'2004, March, 2004.
http://www.ieee-infocom.org/2004/Papers/28_4.PDF

A Cost-Based Analysis of Overlay Routing Geometries
N. Christin and J. Chuang
IEEE INFOCOM'05, March 2005
http://p2pecon.berkeley.edu/pub/ChCh-INFOCOM05.pdf

Search in the Formation of Large Networks: How Random are Socially Generated Networks?
Matthew O. Jackson and Brian W. Rogers.
Mimeo, 2004
http://www.hss.caltech.edu/~jacksonm/netpower.pdf

A survey of models of network formation: stability and efficiency.
Matthew Jackson
Chapter 1 in Group Formation in Economics; Networks, Clubs and Coalitions , edited by Gabrielle Demange and Myrna Wooders, Cambridge University Press, Cambridge U.K., 2004.
http://www.hss.caltech.edu/~jacksonm/netsurv.pdf

Nov 7. Information Asymmetries; Mechanism Design

Read:

Algorithms for Selfish Agents -- Mechanism Design for Distributed Computation
N. Nisan.
STACS 1999.
http://www.springerlink.com/index/PEWUQ339RE3XM97C.pdf

Distributed algorithmic mechanism design: recent results and future directions.
J. Feigenbaum and S. Shenker.
In Proceedings of the 6th International Workshop on Discrete Algorithms and Methods for Mobile Computing and Communications, pages 1-13, 2002.
http://cs-www.cs.yale.edu/homes/jf/FS.pdf

Classic Mechanism Design
David Parkes
Chapter 2, Iterative Combinatorial Auctions: Achieving Economic and Computational Efficiency
Ph.D. dissertation, Univesity of Pennsylvania, May, 2001.
http://www.eecs.harvard.edu/~parkes/pubs/ch2.pdf
[Author's note: This chapter provides a brief introduction to game theory, and then introduces important concepts in mechanism design. The revelation principle, the Vickrey-Clarke-Groves mechanisms, and important Impossibility and Possibility results are all discussed at some length.]

Optional:

Mechanism Theory
Matthew O. Jackson
http://www.hss.caltech.edu/~jacksonm/mechtheo.pdf

Mechanism Design
Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green
Chapter 23, Microeconomic Theory, Oxford University Press, 1995

Mechanism Design for Computerized Agents
H. Varian
Usenix Workshop on Electronic Commerce, July 11-12, 1995, New York.
http://www.sims.berkeley.edu/~hal/Papers/mechanism-design.pdf

Computational-Mechanism Design: A Call to Arms
Rajdeep Dash, Nicholas Jennings and David Parkes.
IEEE Intelligent Systems, November 2003, pages 40-47 (Special Issue on Agents and Markets).
http://www.eecs.harvard.edu/econcs/pubs/call_to_arms.pdf

Algorithmic mechanism design.
N. Nisan and A. Ronen.
In Proceedings of ACM Symposium on the Theory of Computing, pages 129-140, 1999.
http://portal.acm.org/citation.cfm?id=301287

A BGP-based mechanism for lowest-cost routing.
J. Feigenbaum, C. Papadimitriou, R. Sami, and S. Shenker.
In Proceedings of the 21st Symposium on Principles of Distributed Computing, pages 173-182, 2002.
http://cs-www.cs.yale.edu/homes/jf/FPSS.pdf

Hidden action in multi-hop routing.
M. Feldman, J. Chuang, I. Stoica and S. Shenker.
Proceedings of ACM Conference on E-Commerce, 2005.
http://p2pecon.berkeley.edu/pub/FCSS-EC05.pdf

How Bad is Selfish Routing?
T. Roughgarden and E. Tardos.
Full version appears in Journal of the ACM, 49(2):236--259, March 2002.
Conference version appears in FOCS 2000, pages 93--102.
http://theory.stanford.edu/~tim/papers/routing.pdf

Pricing WiFi at Starbucks -- Issues in Online Mechanism Design
E. Friedman and D. Parkes
Proceedings of the Fourth ACM Conf. on Electronic Commerce (EC'03)
http://www.orie.cornell.edu/%7Efriedman/pfiles/wifi.pdf

Wikipedia Entries:
http://en.wikipedia.org/wiki/Information_asymmetry
http://en.wikipedia.org/wiki/Mechanism_design [Example of a page that could use some help.]
http://en.wikipedia.org/wiki/Principal-agent_problem
http://en.wikipedia.org/wiki/Moral_hazard
http://en.wikipedia.org/wiki/Adverse_selection

Nov 14. Information Security

Read:

Why Information Security is Hard: An Economic Perspective
Ross Anderson
17th Annual Computer Security Applications Conference, December 10-14, 2001
http://www.acsac.org/2001/papers/110.pdf

System Reliability and Free-Riding
Hal Varian
In Economics of Information Security, Camp, L. Jean; Lewis, Stephen (Eds.), Springer 2004.
http://www.sims.berkeley.edu/~hal/Papers/2004/reliability

Optional:

Thede Loder, Marshall Van Alstyne, Rick Wash
An Economic Answer to Unsolicited Communication.
Proceedings of the 5th ACM conference on Electronic Commerce, 2004.
http://portal.acm.org/citation.cfm?id=988780

Combating Peer-to-Peer SPAM and Decoys with Object Reputation
Kevin Walsh, Emin Gün Sirer
3rd Workshop on Economics of Peer-to-Peer Systems (P2PECON), August 2005.
http://www.acm.org/sigs/sigcomm/sigcomm2005/paper-WalSir.pdf

Nov 21. Rethinking Rationality

Read:

http://en.wikipedia.org/wiki/Behavioral_economics

Rethinking Rationality
Gerd Gigerenzer, Reinhard Selten
Chapter 1 of "Bounded Rationality", Gerd Gigerenzer, Reinhard Selten, Editors.
Screen-viewable format available at: http://cognet.mit.edu/library/books/chapter?isbn=0262072149&part=chap1

Near Rationality and Competitive Equilibria in Networked Systems
N. Christin, J. Grossklags, and J. Chuang
ACM SIGCOMM'04 Workshop on Practice and Theory of Incentives in Networked Systems (PINS), August 2004
http://p2pecon.berkeley.edu/pub/CGC-PINS04.pdf

Optional:

What is Bounded Rationality?
Reinhard Selten
Chapter 2 of "Bounded Rationality", Gerd Gigerenzer, Reinhard Selten, Editors.
Screen-viewable format available at: http://cognet.mit.edu/library/books/chapter?isbn=0262072149&part=chap2

Maps of Bounded Rationality: Psychology for Behavioral Economics.
Kahneman, D.
American Economic Review (December 2003): 1449-1475.
http://www.ingentaconnect.com/content/aea/aer/2003/00000093/00000005/art00001
(Note: This is Kahneman's Nobel lecture. You can watch the lecture on video at http://nobelprize.org/economics/laureates/2002/kahneman-lecture.html)

Privacy and Rationality in Individual Decision Making
Alessandro Acquisti and Jens Grossklags
IEEE Security and Privacy, IEEE Computer Society, Vol. 3, No. 1, January/February 2005, pp. 26-33.
http://www.sims.berkeley.edu/~jensg/research/paper/Acquisti_Grossklags05.pdf

Ten Little Treasures of Game Theory and Ten Intuitive Contradictions
Jacob K. Goeree and Charles A. Holt
American Economic Review, vol. 91(5), pages 1402-142. 2001.
http://www.people.virginia.edu/~cah2k/treasure.pdf

Fairness and Retaliation: The Economics of Reciprocity
Fehr, and Gächter.
Journal of Economic Perspectives 14 (2000).
http://www.iew.unizh.ch/wp/iewwp040.pdf

The Nature of Human Altruism
E. Fehr and U. Fischbacher
Nature 425 (23 October 2003): 785-791.
http://www.nature.com/nature/journal/v425/n6960/pdf/nature02043.pdf
http://www.iew.unizh.ch/home/fehr/papers/NatureOfHumanAltruism.pdf

In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies.
Henrich, Fehr, Boyd, Bowles, Gintis, Camerer, and McElreath.
American Economic Review 91 (2001): 73-78.
http://www.iew.unizh.ch/home/fehr/papers/insearch.pdf

Public Goods: A Survey of Experimental Research.
Ledyard, John O.
Handbook of Experimental Economics. Princeton University Press, 1995.
http://econwpa.wustl.edu/eps/pe/papers/9405/9405003.pdf

An Experiment on Learning with Limited Information: Nonconvergence, Experimentation Cascades, and the Advantage of Being Slow
Eric Friedman, Mikhael Shor, Scott Schenker, and Barry Sopher
Games and Economic Behavior (2004, Vol. 47 No. 2, pp. 325-352)
http://www2.owen.vanderbilt.edu/mike.shor/research/Async/Async.pdf

Internet Congestion: A Laboratory Experiment
Daniel Friedman, Bernardo Huberman
ACM SIGCOMM'04 Workshop on Practice and Theory of Incentives in Networked Systems (PINS), August 2004
http://www.acm.org/sigs/sigcomm/sigcomm2004/workshop_papers/pin03-friedman1.pdf


Last Updated: November 8, 2005 - JC