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Design and Evaluation of a Combinatorial Double Auction for Resource Allocations in Grids

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Network Economics for Next Generation Networks (ICQT 2009)

Part of the book series: Lecture Notes in Computer Science ((LNCCN,volume 5539))

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Abstract

Offering Grid services in an open market determines an optimization case for finding the best suitable resource allocation for a given number of requests and existing resources. Thus, appropriate resource allocation schemes, supporting accounting, are required in addition to a pricing scheme, which supports financial fairness criteria. The newly developed Resource Allocation Model for the Combinatorial Double Auction (RAMCoDA) achieves these requirements, while being incentive compatible.

This work was supported partly by the European Union through the EC-GIN project (STREP) under Grant No. FP6-2006-IST-045256. The authors acknowledge fruitful discussions with all their project partners.

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© 2009 Springer-Verlag Berlin Heidelberg

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Li, L., Liu, Y., Hausheer, D., Stiller, B. (2009). Design and Evaluation of a Combinatorial Double Auction for Resource Allocations in Grids. In: Reichl, P., Stiller, B., Tuffin, B. (eds) Network Economics for Next Generation Networks. ICQT 2009. Lecture Notes in Computer Science, vol 5539. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-01796-4_5

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  • DOI: https://doi.org/10.1007/978-3-642-01796-4_5

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-01795-7

  • Online ISBN: 978-3-642-01796-4

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