A survey of economic models in grid computing

  • Authors:
  • Aminul Haque;Saadat M. Alhashmi;Rajendran Parthiban

  • Affiliations:
  • School of Information Technology, Monash University Sunway Campus, Jalan Lagoon Selatan, Bandar Sunway, 46150, Selangor Darul Ehsan, Malaysia;School of Information Technology, Monash University Sunway Campus, Jalan Lagoon Selatan, Bandar Sunway, 46150, Selangor Darul Ehsan, Malaysia;School of Engineering, Monash University Sunway Campus, Jalan Lagoon Selatan, Bandar Sunway, 46150, Selangor Darul Ehsan, Malaysia

  • Venue:
  • Future Generation Computer Systems
  • Year:
  • 2011

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Abstract

Grid computing offers the network of large scale computing resources. Economic models are effective in collaborating large scale heterogeneous grid resources that are typically owned by different organizations. Not all the models provide same benefits for users in utilizing the resources. Similarly, the profit earned by resource providers also differs for different economic models. We survey the economic models used in grid computing since its inception until 2010. We discuss their advantages and disadvantages and analyze their suitability for usage in a dynamic grid environment. To the best of our knowledge, no such survey has been conducted in the literature up to now.