The POPCORN market—an online market for computational resources
Proceedings of the first international conference on Information and computation economies
A futures market in computer time
Communications of the ACM
An economic paradigm for query processing and data migration in mariposa
PDIS '94 Proceedings of the third international conference on on Parallel and distributed information systems
Algorithm for optimal winner determination in combinatorial auctions
Artificial Intelligence
Weaving Computational Grids: How Analogous Are They with Electrical Grids?
Computing in Science and Engineering
Iterative Combinatorial Auctions: Theory and Practice
Proceedings of the Seventeenth National Conference on Artificial Intelligence and Twelfth Conference on Innovative Applications of Artificial Intelligence
Simgrid: A Toolkit for the Simulation of Application Scheduling
CCGRID '01 Proceedings of the 1st International Symposium on Cluster Computing and the Grid
A Case for Economy Grid Architecture for Service Oriented Grid Computing
IPDPS '01 Proceedings of the 10th Heterogeneous Computing Workshop â"" HCW 2001 (Workshop 1) - Volume 2
The MicroGrid: A scientific tool for modeling Computational Grids
Scientific Programming
Load sequencing for a parallel processing utility
Journal of Parallel and Distributed Computing
Grid resource management
A cost-effective critical path approach for service priority selections in grid computing economy
Decision Support Systems
A cost-based multi-unit resource auction for service-oriented grid computing
GRID '07 Proceedings of the 8th IEEE/ACM International Conference on Grid Computing
Future Generation Computer Systems
Operations Research Methods for Autonomic Resource Management
Journal of Network and Systems Management
Risk Informed Computer Economics
CCGRID '09 Proceedings of the 2009 9th IEEE/ACM International Symposium on Cluster Computing and the Grid
Price-Oriented Trading Optimization for Grid Resource
CloudCom '09 Proceedings of the 1st International Conference on Cloud Computing
On grid performance evaluation using synthetic workloads
JSSPP'06 Proceedings of the 12th international conference on Job scheduling strategies for parallel processing
Managing risks in an open computing environment using mean absolute deviation portfolio optimization
Future Generation Computer Systems
Dynamic multi-stage resource selection with preference factors in grid economy
GCC'05 Proceedings of the 4th international conference on Grid and Cooperative Computing
The multi-dimensional qos resources optimization based on the grid banking model
HPCA'09 Proceedings of the Second international conference on High Performance Computing and Applications
A grid broker pricing mechanism for temporal and budget guarantees
EPEW'11 Proceedings of the 8th European conference on Computer Performance Engineering
A novel price prediction scheme of grid resources based on time series analysis
UIC'07 Proceedings of the 4th international conference on Ubiquitous Intelligence and Computing
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Contemporary computing systems, especially large-scale systems such as Grids promise ultra-fast ubiquitous utility computing, always available at the flip of a switch. A major unresolved issue is the organization and efficient usage of such infrastructure in a commercial context where several entities compete for shared resources. This has long been resolved for conventional utility resources such as gas and electricity through commoditization, a variety of market designs, customization, and decision support for the resulting portfolios of assets and commitments. This paper reviews the state of Grid commercialization and compares it to the commercialization of conventional resources. We draw specific lessons for commercialized Grids and detail them as architecture requirements at each level of the architecture stack. We provide an example to illustrate the benefits of commercialized resources in terms of the financial clarity it brings to decisions for different user groups, namely application users and IT managers.