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» On the Economics of Cloud Markets
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ICA3PP
2010
Springer
14 years 16 days ago
Strategy-Proof Dynamic Resource Pricing of Multiple Resource Types on Federated Clouds
Abstract. There is growing interest in large-scale resource sharing with emerging architectures such as cloud computing, where globally distributed and commoditized resources can b...
Marian Mihailescu, Yong Meng Teo
WINE
2007
Springer
143views Economy» more  WINE 2007»
14 years 1 months ago
Market Equilibrium Using Auctions for a Class of Gross-Substitute Utilities
In addition to useful Economic interpretation, auction based algorithms are generally found to be efficient. In this note, we observe that the auction-based mechanism can also be u...
Rahul Garg, Sanjiv Kapoor
EXPERT
2011
131views more  EXPERT 2011»
12 years 11 months ago
Grid Monitoring and Market Risk Management
—With the rapid development of the electricity market, both grid and market operations need to be carefully coordinated and monitored in real time. This paper focuses on system m...
Yufan Guan, Mladen Kezunovic
GCC
2006
Springer
13 years 11 months ago
BSM: A scheduling algorithm for dynamic jobs based on economics theory
In this paper, we propose a new scheduling algorithm with economic theory, called Black Scholes Market (BSM) algorithm for a class of Dynamic Jobs (DJ). BSM is based on the classi...
Bo Cao, Yongwei Wu, Guangwen Yang, Jia Liu, Jianji...
INFOCOM
2012
IEEE
11 years 10 months ago
A theory of cloud bandwidth pricing for video-on-demand providers
—Current-generation cloud computing is offered with usage-based pricing, with no bandwidth capacity guarantees, which is however unappealing to bandwidth-intensive applications s...
Di Niu, Chen Feng, Baochun Li