The grid
Microeconomics and the Market for Computer Services
ACM Computing Surveys (CSUR)
The allocation of computer resources—is pricing the answer?
Communications of the ACM
A futures market in computer time
Communications of the ACM
P-Grid: a self-organizing structured P2P system
ACM SIGMOD Record
Tycoon: An implementation of a distributed, market-based resource allocation system
Multiagent and Grid Systems
A survey and comparison of peer-to-peer overlay network schemes
IEEE Communications Surveys & Tutorials
A multiagent model of the UK market in electricity generation
IEEE Transactions on Evolutionary Computation
A More Realistic Peer-to-Peer Grid Market Model
EPEW '09 Proceedings of the 6th European Performance Engineering Workshop on Computer Performance Engineering
Node-level architecture design and simulation of the MAGOG Grid middleware
AusGrid '09 Proceedings of the Seventh Australasian Symposium on Grid Computing and e-Research - Volume 99
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In this paper we investigate the market economy of a Peer-to-Peer network for Grid Computing. We present a simulation of P2P network where nodes either require or offer resources, which can be thought as CPU time for example. We examine the market behaviour of the P2P network for Erdős-Rényi and Barabási-Albert networks types of different sizes ranging from 4,096 nodes to 1,048,576 nodes. We find that utilisation and market behaviour depend on the network type but not the size. Similarly, different price update algorithms have little effect on the price development, which is more determined by the network type. We also measure the average buffer size and number of messages in the system. For the Barabási-Albert network, we find that the buffer size of each node has an effect on the price development in the system. The results are useful to guide designers of P2P Grid computing systems, like the Global Open Grid.