Contingent pricing for resource advance reservation under capacity constraints

Authors:
Zhixing Huang;Yuhui Qiu
Affiliations:
Faculty of Computer and Information Science, Southwest China Normal University;Faculty of Computer and Information Science, Southwest China Normal University
Venue:
GCC'05 Proceedings of the 4th international conference on Grid and Cooperative Computing
Year:
2005

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Abstract

In this paper, we develop a novel framework for resource advance reservation which is based on contingent pricing mechanism. We study the special case where each consumer has a computational demand, but at the time of request for capacity the consumer is uncertain whether or not this demand will occur. We proposed an incentive compatible mechanism where consumers have the incentive to reveal this private information.