Pricing computational resources in a dynamic grid. (6th August 2009)

• Record Type: Journal Article
• Authors: Abdelkader, Khalid; Broeckhove, Jan
• Is Part Of: International journal of grid and utility computing. Volume 1:Number 3(2009)
• Page Start: 205
• Page End: 215
• Publication Date: 2009-08-06
• Subjects: computational commodity market -- grid computing -- grid economics -- market-based resource management -- resource pricing -- simulation -- dynamic grids; Electronic data processing -- Distributed processing -- Periodicals; Electronic commerce -- Management -- Computer programs -- Periodicals; 004.605
• Languages: English
• ISSNs: 1741-847X

Abstract

In this paper, we investigate the pricing of resources in dynamic grids. Particularly, we investigate grid resource management based on a computational commodity market of CPU resources. The prices of these resources are determined based on achieving supply-and-demand equilibrium. This approach has been shown to work for small grids with a static fabric. Using simulations, we show that this approach can be extended to grids with thousands of resources and to grids with a dynamic fabric.