The Agoric Papers
Eric Nakagawa stashed this in ril
Stashed in: Economics
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Hard to believe this work was done 25 years ago.
Like all systems involving goals, resources, and actions, computation can be viewed in economic terms. This paper examines markets as a model for computation and proposes a framework--agoric systems--for applying the power of market mechanisms to the software domain. It then explores the consequences of this model and outlines initial market strategies.