On a Wide Area Network (WAN), fragment allocation is a major issue in distributed database design since it concerns the overall performance of distributed database systems. Here we propose a simple and comprehensive model that reflects transaction behavior in distributed databases. Based on the model and transaction information, two heuristic algorithms are developed to find a near-optimal allo...

In Bitcoin system, transactions are prioritized according to attributes such as the remittance amount and transaction fees, and transactions with low priority are likely to wait for confirmation. Because the demand of micro payment in Bitcoin is expected to increase due to low remittance cost, it is important to quantitatively investigate how the priority mechanism of Bitcoin affects the transa...

Transaction costs are a significant factor in outsourcing decisions. In the case of Internet security, outsourcing has higher transaction costs for two major reasons: (1) the outsourcing process is not yet standardized and (2) there is uncertainty about the frequency and impact of cyber attacks creating large variations in coordination costs. In this paper we study the effects of transaction co...