Pricing and efficiency in the market for IP addresses
Revised edition
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Author
Contributions
- Schwarz, Michael, 1970- author - Contributor
- Harvard Business School - Contributor
Publication
2014 - Harvard Business School, Boston, Massachusetts
Language
English
Word Count
9,500 words, Guess
Page Count
38 pages
Identifiers
- OCLC Control Number878836340
- Open LibraryOL43061892M
Description
We consider market rules for transferring IP addresses, numeric identifiers required by all computers connected to the Internet. Transfers usefully move resources from lowest to highest-valuation networks, but transfers tend to cause socially costly growth in the Internet's routing table. We propose a market rule that avoids excessive trading and comes close to achieving social efficiency. We argue that this rule is feasible despite the limited powers of central authorities. We also offer a framework for reasoning about future prices of IP addresses, then explore the role of rentals in sharing information about the value of IP address and assuring allocative efficiency.
Subjects
Series Statement
- Working paper / Harvard Business School -- 12-020
Other Editions
- Pricing and efficiency in the market for IP addresses
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