A microeconomics-based resource assignment model for grid computing

Authors:
Xingwei Wang;Nan Jiang;Jialin Wang;Min Huang
Affiliations:
School of Information Science and Engineering, Northeastern University, Shenyang, P.R. China;School of Information Science and Engineering, Northeastern University, Shenyang, P.R. China;School of Information Science and Engineering, Northeastern University, Shenyang, P.R. China;School of Information Science and Engineering, Northeastern University, Shenyang, P.R. China
Venue:
ISPA'05 Proceedings of the 2005 international conference on Parallel and Distributed Processing and Applications
Year:
2005

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Abstract

In this paper, a microeconomics-based resource assignment model for grid computing is presented. In the proposed model, demand and supply relationship of gird resource affects its usage price and the price adjusts the amount of grid resource to be used by the user, so that the both-win between the user and the provider interests is achieved. The proposed model provides two schemes of grid resource assignment. When the available resource is abundant, the gaming scheme is used; based on the Nash equilibrium and Pareto optimality, the optimal usage amount of the resource by the user and the optimal usage price of the resource for the provider are determined. When the available resource is scarce, the biding scheme is used to assign resource to the user. Simulation results have shown that the proposed model is feasible and effective with good performance.