Macroeconomics based Grid resource allocation

Authors:
Peijie Huang;Hong Peng;Piyuan Lin;Xuezhen Li
Affiliations:
College of Computer Science and Engineering, South China University of Technology, Guangzhou 510640, PR China and College of Informatics, South China Agricultural University, Guangzhou 510642, PR ...;College of Computer Science and Engineering, South China University of Technology, Guangzhou 510640, PR China;College of Informatics, South China Agricultural University, Guangzhou 510642, PR China;Department of Computer and Information Engineering, Guangdong Technical College of Water Resources and Electric Engineering, Guangzhou 510635, PR China
Venue:
Future Generation Computer Systems
Year:
2008

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Abstract

Resource allocation is the key technology in Grid computing. While most of the existing literature of economics-based Grid resource allocation relies on the basic microeconomic principle, which concerns the behavior of individual agents in the Grid, this paper provides a novel approach based on macroeconomics, which concerns large aggregate behavior instead of individual actions. First, we propose a macroeconomics-based market framework that is well suited for a service-oriented Grid. Then, some macroeconomics-based resource allocation strategies, which can effectively improve the performance of the whole Grid market, are given. Simulation results prove good performance of the proposed method.