  The current framework of Internet interconnections, based on transit and
settlement-free peering relations, has systemic problems that often cause
peering disputes. We propose a new techno-economic interconnection framework
called Nash-Peering, which is based on the principles of Nash Bargaining in
game theory and economics. Nash-Peering constitutes a radical departure from
current interconnection practices, providing a broader and more economically
efficient set of interdomain relations. In particular, the direction of payment
is not determined by the direction of traffic or by rigid customer-provider
relationships but based on which AS benefits more from the interconnection. We
argue that Nash-Peering can address the root cause of various types of peering
disputes.
