Exiting Merkato

To exit the Merkato InvisibleHand's software platform, which dynamically prices, sells, and allocates IP bandwidth The amount of data transmitted or received per unit of time. When we refer to acquiring or selling bandwidth, we mean the amount of information that can be sent over a connection at one time, at the allowed speed, without packet loss or excessive delay. Bandwidth is measured in bits-per-second. in real time. Merkato means "market" in Esperanto. desktop, click the close-box tab at the upper right hand corner of the window (), or select “Exit Merkato” from the File pull-down menu.

Merkato gives you the option of uploading your agent The program that interacts with the rest of Merkato on behalf of buyers and sellers. Buyers can acquire bandwidth by configuring their agents to offer the price they are willing to pay for a range of available quantity, or use their agent to request a quote for a fixed-price bandwidth reservation. Sellers configure their agents with a quantity of bandwidth for sale and a minimum price they are willing to accept for that quantity. when you close it on the desktop. If you upload you agent, the next time you download it the agent will retain the same units configuration.

You can leave the portal The unique market mechanism by which Merkato allocates bandwidth to potential buyers at an optimal market price The price for something that buyers and sellers agree on. Merkato establishes a market price for bandwidth during each spot market auction round. There is a fixed amount for sale, so as demand increases, prices rise. The market price is reached when the cumulative demand of all the buyers is exactly equal to the amount of bandwidth being offered by the seller. . An auction is established, where each bid consists of a unit price and the quantity desired at that price. Bidders are ranked according to the unit price they offer. Bidders who get an allocation An amount of bandwidth available for your use. Depending on the type of service being offered through Merkato, this can represent the maximum bandwidth available to you or a minimum guarantee of bandwidth available to you. pay the unit price offered by the lowest accepted bidder. (This is the "second price" aspect of the auction.) Bidders who don't get an allocation can re-bid at a higher unit price, in an attempt to improve their ranking in the auction. (This is the "progressive" aspect of the auction.) An auction round closes when all bidders are either successful, based on their last bid, or cannot match the price offered by the current lowest successful bidder. page in the browser open to monitor your agent status or click Logout in the list on the left side of the window.