A Microeconomic Approach to Optimal Resource Allocation in Distributed Computer Systems
IEEE Transactions on Computers
Spawn: A Distributed Computational Economy
IEEE Transactions on Software Engineering
Economic models for allocating resources in computer systems
Market-based control
Flexible double auctions for electionic commerce: theory and implementation
Decision Support Systems - Special issue on economics of electronic commerce
JaWS: An Open Market-Based Framework for Distributed Computing over the Internet
GRID '00 Proceedings of the First IEEE/ACM International Workshop on Grid Computing
Globally Distributed Computation over the Internet - The POPCORN Project
ICDCS '98 Proceedings of the The 18th International Conference on Distributed Computing Systems
Grid Computing: Making the Global Infrastructure a Reality
Grid Computing: Making the Global Infrastructure a Reality
Double Auction Protocols for Resource Allocation in Grids
ITCC '05 Proceedings of the International Conference on Information Technology: Coding and Computing (ITCC'05) - Volume I - Volume 01
Adaptation to Dynamic Resource Availability in Ad Hoc Grids through a Learning Mechanism
CSE '08 Proceedings of the 2008 11th IEEE International Conference on Computational Science and Engineering
Economic agent-based resource management in ad hoc grid environment
International Journal of Networking and Virtual Organisations
Design and implementation of economics-based resource management system in ad hoc grid
Advances in Engineering Software
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Different auction-based approaches have been used to allocate resources in Grids, but none of them provide the design choice for a specific economic model while considering the interest of all participants in the market. In this paper, we implement an auction-based framework for producer and consumer matchmaking in an ad-hoc Grid. In ad-hoc Grids, where the availability of resources and tasks is highly dynamic, the producers and consumers have to compete for providing and employing the resources. The framework is used to assess the usefulness of a particular mechanism using a set of criteria in different network conditions. We present the performance analysis of different auction mechanisms namely First-Price, Vickrey and Double Auctions in a many-to-many manner. The evaluation is performed in terms of throughput, consumer and producer surplus, and uncertainty measure for obtaining required resources in different network conditions.