Once you have configured your valuation you must configure how you want your agent The program that interacts with the rest of Merkato on behalf of buyers and sellers. Buyers can acquire 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. 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. to use that information. There are two strategy options for use in the Spot market The Merkato mechanism by which bandwidth is traded, in a progressive second price auction. An optimal fair 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. is established and bandwidth is allocated to buyers, based on their bids relative to other buyers.: Automatic and Manual.
You may view and select strategy settings independently of each other, though only one at a time can be the current strategy.
If you wish to view multiple strategies on the desktop, de-select the “Show Only One” option.
Select the active strategy by selecting the “Current Strategy” radio button at the top of each Strategy window. Clicking this button activates that strategy and de-activates the other strategy. A green arrow in the menu-bar list also indicates the current active strategy.
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