A Pricing Mechanism for Resource Management in Grid Computing |
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Authors: | Panos Parpas Berç Rustem |
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Affiliation: | (1) Department of Computing, Imperial College, London, SW7 2AZ, UK |
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Abstract: | We consider the problem of efficient resource allocation in a grid computing environment. Grid computing is an emerging paradigm
that allows the sharing of a large number of a heterogeneous set of resources. We propose an auction mechanism for decentralized
resource allocation. The problem is modeled as a multistage stochastic programming problem. Convergence of the auction allocations
to the social optimum is established. Numerical experiments illustrate the efficacy of the method. |
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Keywords: | Grid computing Decentralized resource allocation Multistage stochastic programming |
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