A vision for a spot market for interdomain connectivity

Kenneth L. Calvert; James Griffioen; Anna Nagurney; Tilman Wolf

doi:10.1109/ICDCS.2019.00184

A vision for a spot market for interdomain connectivity

Kenneth L. Calvert, James Griffioen, Anna Nagurney, Tilman Wolf

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

3 Scopus citations

Abstract

In this paper we consider an alternative possibility for routing money in the Internet ecosystem based on a spot market for interconnection service that operates alongside, or in addition to, the traditional contract service model. Recent work by others showed that under certain assumptions, enabling transit providers (i.e., networks that carry packets between networks) to sell their excess capacity on a best-effort basis improves both provider profit and consumer surplus. While prior work only focused on pricing strategies, we explore the technical feasibility of such a market in this paper. We consider what is needed to make such a spot market possible and focus on the interaction between technical and economic considerations. In particular, we describe two approaches that demonstrate how economic software defined exchanges (ESDXs) can be used as trusted intermediaries to tie the forwarding service to the flow of money.

Original language	English
Title of host publication	Proceedings - 2019 39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019
Pages	1860-1867
Number of pages	8
ISBN (Electronic)	9781728125190
DOIs	https://doi.org/10.1109/ICDCS.2019.00184
State	Published - Jul 2019
Event	39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019 - Richardson, United States Duration: Jul 7 2019 → Jul 9 2019

Publication series

Name	Proceedings - International Conference on Distributed Computing Systems
Volume	2019-July

Conference

Conference	39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019
Country/Territory	United States
City	Richardson
Period	7/7/19 → 7/9/19

Bibliographical note

Publisher Copyright:
© 2019 IEEE.

Keywords

Network economics
Software-defined exchange point
Spot market

ASJC Scopus subject areas

Software
Hardware and Architecture
Computer Networks and Communications

Access to Document

10.1109/ICDCS.2019.00184

Cite this

Calvert, K. L., Griffioen, J., Nagurney, A., & Wolf, T. (2019). A vision for a spot market for interdomain connectivity. In Proceedings - 2019 39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019 (pp. 1860-1867). Article 8884969 (Proceedings - International Conference on Distributed Computing Systems; Vol. 2019-July). https://doi.org/10.1109/ICDCS.2019.00184

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year = "2019",

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Calvert, KL , Griffioen, J, Nagurney, A & Wolf, T 2019, A vision for a spot market for interdomain connectivity. in Proceedings - 2019 39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019., 8884969, Proceedings - International Conference on Distributed Computing Systems, vol. 2019-July, pp. 1860-1867, 39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019, Richardson, United States, 7/7/19. https://doi.org/10.1109/ICDCS.2019.00184

A vision for a spot market for interdomain connectivity. / Calvert, Kenneth L.; Griffioen, James; Nagurney, Anna et al.
Proceedings - 2019 39th IEEE International Conference on Distributed Computing Systems, ICDCS 2019. 2019. p. 1860-1867 8884969 (Proceedings - International Conference on Distributed Computing Systems; Vol. 2019-July).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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A vision for a spot market for interdomain connectivity

Abstract

Publication series

Conference

Bibliographical note

Keywords

ASJC Scopus subject areas

Access to Document

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