Applying Computational Economy for Collaborative Processing on Mobile Phones

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Executive Summary

A mobile phone platform is a huge opportunity for future commercial, informational transactions, and collaborative processing. These activities are often hindered by a lack of incentives to share the computational and informational resources. A promising way to overcome these barriers is the introduction of economically inspired mechanism for the use of resources. The build-up and success of business applications over mobile phones heavily depends on economic incentives for the participants. This guides one to a reward and cost accounting system. Currently, there is no economical system developed for this particular platform.

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