Web: http://arxiv.org/abs/2204.11980

April 27, 2022, 1:20 a.m. | Sarah Azouvi, Alexander Hicks

cs.CR updates on arXiv.org arxiv.org

We propose a game-theoretic model of the reliability of decentralised systems
based on Varian's model of system reliability, to which we add a new normalised
total effort case that models \textit{decentralisation conscious players} who
prioritise decentralisation. We derive the Nash equilibria in the normalised
total effort game. In these equilibria, either one or two values are played by
players that do not free ride. The speed at which players can adjust their
contributions can determine how an equilibrium is reached …

system

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