[arin-ppml] Creating a market for IPv4 address space in absence of routing table entry market

[bmanning at vacation.karoshi.com]

 your statement, "who is going to put down [] money for addresses ... that have
 a substantial risk of non-routability."  is key.  Since no one can assure
 routability -outside- their own infrastructure, why would anyone buy addresses?

--bill


On Sun, Jun 15, 2008 at 10:46:48AM -0400, Milton L Mueller wrote:
> I see no reason why the transacting parties would not be able to
> internalize the routing externality. Who is going to put down good money
> for addresses that can't be routed, or that even have a substantial risk
> of non-routability? 
> 
> > -----Original Message-----
> > 
> > The arrangement of the address space (in terms of numbers of
> > blocks, shape of said blocks, and fit to existing holders blocks) are
> > all factors which affect the value of some space to a given holder.
> > i.e. 16 random /28's may not have the same usefulness as a /24)
> > Most of this consequential to the externality of having to route
> > the address space before being able to use it for most applications.
> > As there is no market for global table routing slots, and yet a very
> > real limit on their availability, this externality is extremely
> difficulty
> > to assess and creates a continuously iterated prisoner's dilemma
> > situation with unknown equilibrium points.   Market failure in
> > this case can result in a truly dysfunctional Internet.
> 
> 
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