Towards Strengthening Decentralised Exchange
Rixt Hellinga (Student TU Delft)
Georgios Iosifidis (TU Delft - Electrical Engineering, Mathematics and Computer Science)
Neil Yorke-Smith (TU Delft - Electrical Engineering, Mathematics and Computer Science)
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Abstract
This extended abstract considers the gap between the theoretical ideals and practical realities of distributed and money-free resource exchange protocols among self-interested agents. We sketch a convex program that corresponds to the centralised exchange market equilibrium. Secondly we state the convergence of proportional exchange allocation, comprising a distributed solution to the equilibrium. Thirdly, summarising a simulation study, we observe that distributed, mixed-strategy protocols can achieve stable and desirable outcomes, modulated by sensitivity to population diversity, limited information, and strategic agent behaviour.
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