The success of alternative payment systems has led to discussion various proposals replace money with a new technology-based system, though many lack clear idea what exactly is the “money” they seek replace. We begin by presenting explanation money’s role in economy embraced most mainstream economists and policy analysts, based on that evolved out process market exchange. An looks as part organ...

Asset-based community development (ABCD) recognizes the value of six local assets: (1) individuals or residents, (2) neighborhood resident associations (3) institutions (e.g., government, non-profits, and universities) (4), physical space parks, vacant lots, etc.), (5) economy exchange business development, barter, (6) culture, history, stories. ABCD draws upon these assets to build stronger mo...

We study fairness and efficiency properties of randomized algorithms for barter exchanges with direct applications to kidney exchange problems. It is well documented that randomization can serve as a tool to ensure fairness among participants. However, in many applications, practical constraints often restrict the maximum allowed cyclelength of the exchange and for randomized algorithms, this i...

The exchange of indivisible goods without money addresses a variety of constrained economic settings where a medium of exchange—such as money—is considered inappropriate. Participants are either matched directly with another participant or, in more complex domains, in barter cycles and chains with many other participants before exchanging their endowed goods. This thesis addresses the design, a...

This special issue contains the extended versions of a selected set of paperspose a Hardware/Software co-design and verification methodology based on system dependence graphs. They accept any combination of C/C++/SpecC descriptions as input designs. A system dependence graph shows the dependencies among statements and/or expressions in a design and is used for analyzing and verifying the design...

This paper presents a class of examples where a barter economy develops through agents' optimizing decisions into a monetary economy. A barter economy with m commodities is characterized by m(m-1)/2 commodity pair trading posts for active trade of each good for every other. A monetary economy is characterized by active trade concentrated on m-1 posts, those trading in 'money' versus the m-1 oth...