A Double Auction Economic Model for Grid Services

Autor: W. Alex Gray, John Christopher Miles, Omer Rana, Liviu Joita
Rok vydání: 2004
Předmět:
Zdroj: Lecture Notes in Computer Science ISBN: 9783540229247
Euro-Par
DOI: 10.1007/978-3-540-27866-5_53
Popis: The use of a service-based approach in Grid computing will lead to such services becoming valuable economic commodities. Current economics models on the Internet are concerned with the creation, sale and purchase of commodities (generally information resources), and ways in which buyers and sellers interact in markets for them. Although several initiatives are engaged in the development of Grid technologies, Grid economy issues are yet to be fully addressed. A “Grid market” architecture based on the double auction economic model is proposed. Components of the design, and a prototype of the double auction model framework, which makes use of the Globus and Java CoG toolkits, are subsequently presented.
Databáze: OpenAIRE