Fair access to scarce resources in ad-hoc grids using an economic-based approach
Proceedings of the 5th international workshop on Middleware for grid computing: held at the ACM/IFIP/USENIX 8th International Middleware Conference
Grid resource allocation: allocation mechanisms and utilisation patterns
AusGrid '08 Proceedings of the sixth Australasian workshop on Grid computing and e-research - Volume 82
Applying double auctions for scheduling of workflows on the Grid
Proceedings of the 2008 ACM/IEEE conference on Supercomputing
Capacity Planning in Economic Grid Markets
GPC '09 Proceedings of the 4th International Conference on Advances in Grid and Pervasive Computing
Ant Colony Inspired Microeconomic Based Resource Management in Ad Hoc Grids
GPC '09 Proceedings of the 4th International Conference on Advances in Grid and Pervasive Computing
Design and Evaluation of a Combinatorial Double Auction for Resource Allocations in Grids
ICQT '09 Proceedings of the 6th International Workshop on Internet Charging and Qos Technologies: Network Economics for Next Generation Networks
A survey of economic models in grid computing
Future Generation Computer Systems
Journal of Grid Computing
Effect of the degree of neighborhood on resource discovery in ad hoc grids
ARCS'10 Proceedings of the 23rd international conference on Architecture of Computing Systems
Grid resource scheduling algorithm based on dynamic price-adjusting strategy
International Journal of Information and Communication Technology
Double auction-inspired meta-scheduling of parallel applications on global grids
Journal of Parallel and Distributed Computing
Reliable resources brokering scheme in wireless grids based on non-cooperative bargaining game
Journal of Network and Computer Applications
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The core goal of resource management is to establish a mutual agreement between a resource producer and a resource consumer by which the provider agrees to supply a capability that can be used to perform some tasks on behalf of the consumer. Market-based approaches introduce money and pricing as the technique for coordination between consumers and producers of resources. In this paper, we propose a market-based mechanism to allocate computational resources (CPU time) with a single central Market in a local Grid. In such a network whenever any node can offer idle CPU time to the Grid and whenever a node has some tasks waiting for free CPU, it may request the resource from the Grid. In our approach, consumers and producers are autonomous agents that make their own decisions according to their capabilities and their local knowledge. Continuous Double Auction model is used as a technique using which these selfish agents can coordinate their work and make their decision. The performance of this mechanism is evaluated and is compared with the simple FCFS mechanism.