openBarter

It is a market place where the ownership of measurable commodities like petrol,CO₂,glod,… can be bartered by participants.

The prototype

Different video are available to discover the prototype:

• Presentation I shows a simple use case for an exchange with three partners,
• Presentation II shows an other usecase,
• How to start shows how the prototype can be used, (to login on Pkyoto’s account, login:Pkyoto, password:Pkyoto)

What for?

It could be used to exchange green house gases quotas between countries, naturally implementing the multigas strategy recommended by the IPCC; without any monetary frontier and without any risks of dangerous speculation.

Likewise, it could be used to exchange any ecologic quota. According to Joseph Schumpeter, financial crisis are cyclic. openBarter would make our ecologic regulation independant of any financial crisis.

To know more about this, you can read this page.

The exchange principles

Using a monetary medium, the collective effort required for cooperation of a buyer and a seller is a distance between their prices we measure by the ratio price_seller/price_buyer.This effort must be shared (equally or not) for the exchange to occur between buyer and seller. openBarter measures the same collective effort but for an exchange cycle of more than two bids. It is called Ω and obtained as the product of ratios ω= ^{quantitie required}/_{quantity proposed} of each bids of the exchange cycle. openBarter looks for cycles that produce the lowest collective effort.

The coincidence of wants made by exchanges with more than two partners is equivalent to the one that would be obtained on a regular market place. These exchange with more than two partners also fosters cooperation.

For a more detailed approach, you can read this page.

Regular markets

Economists would say that specialization and exchange are the sources of wealth. If we said cooperation does not exist on a regular market place, we could not explain why participants would need any market place, but the number of partners of cooperating groups remains limited, since a group cannot be less than two elements (here the buyer and the seller). While cooperation is minimum, competition grows as the number of bids grows creating a cynical situation where individual behaviors are fostered on a global scale even if sharing is the most urgent need.

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