Abstract
In this paper, we develop a novel framework for resource advance reservation which is based on contingent pricing mechanism. We study the special case where each consumer has a computational demand, but at the time of request for capacity the consumer is uncertain whether or not this demand will occur. We proposed an incentive compatible mechanism where consumers have the incentive to reveal this private information.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Bhargava, H.K., Sundaresan, S.: Contigent Bids in Auctions: Availability, Commitment and Pricing of Computing as Utitily. In: Proc. of the 37th Hawaii International Conference on System Sciences (2004)
Buyya, R., Abramson, D., Giddy, J., Stockinger, H.: Economic models for resource management and scheduling in Grid computing. The Journal of Concurrency and Computation 14(13-15) (2002)
Smith, W., Froster, I., Taylor, V.: Scheduling with Advanced Reservations. In: Proc. of the IPDPS Conference (May 2000)
Cheloitis, G., Kneyon, C., Buyya, R.: 10 Lessons from Finance for Commercial Sharing of IT Resources. Peer-to-Peer Computing: The Evolution of a Disruptive Technology. IRM Press, Hershey (2004)
Advance Reservation State of the Art: Grid Resource Allocation Agreement Protocol Working Group, URL, http://www.fz-juelich.de/zam/RD/coop/ggf/graap/graap-wg.html
Wellman, M.P., Walsh, W.E., Wurman, P.R., Mackie-Mason, J.K.: Auction protocols for decentralized scheduling. Game and Economic Behavior (2001)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2005 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Huang, Z., Qiu, Y. (2005). Contingent Pricing for Resource Advance Reservation Under Capacity Constraints. In: Zhuge, H., Fox, G.C. (eds) Grid and Cooperative Computing - GCC 2005. GCC 2005. Lecture Notes in Computer Science, vol 3795. Springer, Berlin, Heidelberg. https://doi.org/10.1007/11590354_96
Download citation
DOI: https://doi.org/10.1007/11590354_96
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-30510-1
Online ISBN: 978-3-540-32277-1
eBook Packages: Computer ScienceComputer Science (R0)