" Token" equilibria in sensor networks with multiple sponsors
2005 International Conference on Collaborative Computing …, 2005•ieeexplore.ieee.org
When two sponsoring organizations, working towards separate goals, can employ wireless
sensor networks for a finite period of time, it can be efficiency-enhancing for the sponsors to
program their sensors to cooperate. But if each sensor privately knows whether it can
provide a favor in any particular period, and the sponsors cannot contract on ex post
payments, then no favors are performed in any Nash equilibrium. Allowing the sponsors to
contract on ex post payments, we construct equilibria based on the exchange of" tokens" that …
sensor networks for a finite period of time, it can be efficiency-enhancing for the sponsors to
program their sensors to cooperate. But if each sensor privately knows whether it can
provide a favor in any particular period, and the sponsors cannot contract on ex post
payments, then no favors are performed in any Nash equilibrium. Allowing the sponsors to
contract on ex post payments, we construct equilibria based on the exchange of" tokens" that …
When two sponsoring organizations, working towards separate goals, can employ wireless sensor networks for a finite period of time, it can be efficiency-enhancing for the sponsors to program their sensors to cooperate. But if each sensor privately knows whether it can provide a favor in any particular period, and the sponsors cannot contract on ex post payments, then no favors are performed in any Nash equilibrium. Allowing the sponsors to contract on ex post payments, we construct equilibria based on the exchange of "tokens" that yield significant cooperation and increase expected sponsor payoffs. Increasing the sponsors' liability is beneficial because it enables them to use more tokens.
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