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CISSE
2007
Springer

Resource Allocation in Market-based Grids Using a History-based Pricing Mechanism

10 years 3 months ago
Resource Allocation in Market-based Grids Using a History-based Pricing Mechanism
In an ad-hoc Grid environment where producers and consumers compete for providing and employing resources, trade handling in a fair and stable way is a challenging task. Dynamic changes in the availability of resources over time makes the treatment yet more complicated. Here we employ a continuous double auction protocol as an economic-based approach to allocate idle processing resources among the demanding nodes. Consumers and producers determine their bid and ask prices using a sophisticated history-based dynamic pricing strategy and the auctioneer follows a discriminatory pricing policy which sets the transaction price individually for each matched buyer-seller pair. The pricing strategy presented generally simulates human intelligence in order to define a logical price by local analysis of the previous trade cases. This strategy is adopted to meet the user requirements and constraints set by consumers/producers. Experimental results show waiting time optimization which is particula...
Behnaz Pourebrahimi, S. Arash Ostadzadeh, Koen Ber
Added 07 Jun 2010
Updated 07 Jun 2010
Type Conference
Year 2007
Where CISSE
Authors Behnaz Pourebrahimi, S. Arash Ostadzadeh, Koen Bertels
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