The Centre’s work on Internet economics, again stemming from the Markets project, has been very rewarding and influential. We are privileged to have the services of Dr Colin Richardson, an experienced and distinguished economist. Colin’s study of the Internet market and brokering structure led to a reinterpretation under the economic theory of Catallaxy of von Hayek (http://en.wikipedia.org/wiki/Catallaxy) which translated elegantly into a computational Peer-to-Peer realisation, christened MAGOG (Middleware for Activating the Global Open Grid). The MAGOG distributed P2P architecture seems ideally suited to Internet-scale resource discovery and sharing, and simulations and implementations of this infrastructure are continuing.
The MAGOG Architecture.
