Ensuring Trust in One Time Exchanges: Solving the QoS Problem

TL;DR

This paper proposes a pricing mechanism for one-time IT service exchanges that guarantees trust and truthful reporting of quality of service from both providers and users, without needing repeated interactions.

Contribution

It introduces a novel pricing structure that incentivizes truthful QoS reporting and profitability in single-interaction scenarios.

Findings

Mechanism ensures truthful QoS reporting from providers.

Mechanism incentivizes honest user reservations.

Supports trust without repeated interactions.

Abstract

We describe a pricing structure for the provision of IT services that ensures trust without requiring repeated interactions between service providers and users. It does so by offering a pricing structure that elicits truthful reporting of quality of service (QoS) by providers while making them profitable. This mechanism also induces truth-telling on the part of users reserving the service.