Moore's law: past, present, and future
IEEE Spectrum
Integrating real and financial options in demand-side electricity contracts
Decision Support Systems
SETI@HOME—massively distributed computing for SETI
Computing in Science and Engineering
A computational economy for grid computing and its implementation in the Nimrod-G resource broker
Future Generation Computer Systems - Grid computing: Towards a new computing infrastructure
A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investment
Information Systems Research
Resource Co-Allocation in Computational Grids
HPDC '99 Proceedings of the 8th IEEE International Symposium on High Performance Distributed Computing
Performance evaluation of market-based resource allocation for Grid computing: Research Articles
Concurrency and Computation: Practice & Experience - Middleware for Grid Computing
Analyzing Market-Based Resource Allocation Strategies for the Computational Grid
International Journal of High Performance Computing Applications
The Anatomy of the Grid: Enabling Scalable Virtual Organizations
International Journal of High Performance Computing Applications
A commodity market algorithm for pricing substitutable Grid resources
Future Generation Computer Systems
Tycoon: An implementation of a distributed, market-based resource allocation system
Multiagent and Grid Systems
Computing as Utility: Managing Availability, Commitment, and Pricing Through Contingent Bid Auctions
Journal of Management Information Systems
Defining the grid: a snapshot on the current view
The Journal of Supercomputing
Managing Information Technology Investment Risk: A Real Options Perspective
Journal of Management Information Systems
Grid services: principles, implementations and use
International Journal of Web and Grid Services
GPC '09 Proceedings of the 4th International Conference on Advances in Grid and Pervasive Computing
Cloud computing - The business perspective
Decision Support Systems
A mechanism for pricing and resource allocation in peer-to-peer networks
Electronic Commerce Research and Applications
How much to spend on flexibility? Determining the value of information system flexibility
Decision Support Systems
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Grid computing essentially involves transparent access to distributed computing where computing resources are pooled and shared both within and among organizations. Grid computing is increasingly becoming a viable option for businesses looking for high-end computing requirements for relatively short periods of time. We analyze some economic decision criteria for a grid computing provider wishing to provide such a service to businesses. Given the large amount of uncertainty in prices and demand (which is demonstrated through Monte Carlo simulations) for such a service, a real options valuation technique is particularly suitable for such an exercise. We study the dynamics of grid computing from an economic perspective. Specifically, we consider a monopolist scenario providing two kinds of service, one of which might preempt the other.