Mitigating Systemic Risks in Future Networks

Abstract

This paper elaborates about the potential risk of systemic instabilities in future networks and proposes a methodology to mitigate it. The starting concept is modeling the network as a complex environment (e.g. ecosystem) of resources and associated functional controllers in a continuous and dynamic game of cooperation - competition. Methodology foresees defining and associating utility functions to these controllers and elaborating a global utility function (as a function of the controllers' utility functions) for the overall network. It is conjectured that the optimization of the global utility function ensures network stability and security evaluations. Paper concludes arguing that self-governance (with limited human intervention) is possible provided that proper local, global control rules are coded into these utility functions optimization processes.