On Mon, 18 Feb 2008 12:18:10 -0800 David Conrad <drc@virtualized.org> wrote:
Michael,
On Feb 18, 2008, at 10:15 AM, <michael.dillon@bt.com> <michael.dillon@bt.com
wrote: We cannot possibly hope to create a market within the next two years which is beneficial to the Internet network operations industry.
A market will exist whether or not "we" want to create it and it doesn't matter how long lived it is. Without some form of regulation (a bit hard since it would need to be applied globally), it is almost certain it will be extremely painful and folks who "shouldn't" make lots of money will. So it goes.
Yah. A market exists today, though it's perforce sub rosa. An interesting operational question is how to prevent deaggregation as a result of a market. If, say, a company isn't using half of its address space, could it sell that half, to several other parties? Can that be prevented by market means? See http://www.cs.columbia.edu/~smb/papers/piara/index.html for a paper I and some others wrote some years ago on these topics. --Steve Bellovin, http://www.cs.columbia.edu/~smb