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The IEEE Conference on Local Computer Networks 30th Anniversary (LCN'05)l
VETO - Enabling a P2P-based Market for Composed Servic
Sydney, Australia
November 15-November 17
ISBN: 0-7695-2421-4
Jan Gerke, ETH Zurich
Burkhard Stiller, University of Zurich and ETH Zurich

Service-oriented peer-to-peer architectures combine the benefits of service-oriented architectures and peer-to-peer networks, such as loose coupling and scalability. They also support service composition, the combining of existing services into new ones. Until now, only composition service strategies for a single peer acting as a service composer have been investigated. Therefore, this paper investigates the market for composed services. It is shown that this market forms an oligopoly and, thus, requires incentive-compatible service pricing. In consequence, the vickrey procurement auction VETO has been developed determining the pricing mechanism in a fully distributed manner. It is proven that VETO is incentive-compatible and maximizes the market?s welfare. Furthermore, the VETO protocol is specified and it is shown that this protocol prevents collusion within the auction. Still, VETO upholds the peer-to-peer paradigm by only relying on the peers which are taking part in the auction, no additional trusted entities or super-peers are required.

Citation:
Jan Gerke, Burkhard Stiller, "VETO - Enabling a P2P-based Market for Composed Servic," lcn, pp.26-35, The IEEE Conference on Local Computer Networks 30th Anniversary (LCN'05)l, 2005
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