A large number of network applications require a particular Quality of Service (QoS), that can be provided through proper network resource allocation. Furthermore, certain applications (multimedia oriented) may require guarantees of resource availability for predictable QoS. This paper introduces a distributed multi-market approach to network resource allocation. In this approach link bandwidth is bought and sold in two types of markets: the reservation market and the spot market. Together, these markets provide bandwidth guarantees and immediate availability. In addition, users have more flexibility when purchasing bandwidth that will maximize their individual QoS. Experimental results, using actual MPEG-compressed traffic, will also demonstrate the rewards and risks associated with purchasing various amounts in the reservation and spot markets.
Errin W. Fulp, Douglas S. Reeves