2008
DOI: 10.1007/978-3-540-69384-0_28
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A Simulation Framework for Studying Economic Resource Management in Grids

Abstract: Abstract. Economic principles are increasingly being regarded as a way to address conflicting user requirements, to improve the effectiveness of grid resource management systems, and to deliver incentives for providers to join virtual organizations. Because economic resource management mechanisms can encourage grid participants to reveal the true valuations of their jobs and resources, the system becomes capable of making better scheduling decisions. A lot of exploratory research into different market mechanis… Show more

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Cited by 18 publications
(11 citation statements)
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“…We have implemented the approach to distributed and parallel simulation outlined in section III in the Grid Economics Simulator (GES) [19]. GES has been primarily designed to study market-based resource allocation algorithms in Grid and Cloud computing settings.…”
Section: B Deployment Of a Distributed Simulation On Amazon Ec2mentioning
confidence: 99%
“…We have implemented the approach to distributed and parallel simulation outlined in section III in the Grid Economics Simulator (GES) [19]. GES has been primarily designed to study market-based resource allocation algorithms in Grid and Cloud computing settings.…”
Section: B Deployment Of a Distributed Simulation On Amazon Ec2mentioning
confidence: 99%
“…We have evaluated the proposed scheduling algorithms in a simulated market environment delivered by the Grid Economics Simulator (GES) [43]. GES is a Java-based simulator that has been developed in order to support research into different market organizations for economic cluster and grid resource management.…”
Section: Grid Economics Simulatormentioning
confidence: 99%
“…The market equilibrium point is the zero of this surface and sets the price at which the market will trade at that moment in time. The algorithm for computing this equilibrium is based on Smale's method [9], [10], with a number of modifications and extensions introduced in [8], [4].…”
Section: E Pricing Algorithmmentioning
confidence: 99%
“…It was found to work well in a wide variety of workloads and infrastructural arrangements. We will use the Grid Economics Simulator (GES) developed in [4] and extended in [8] to run similar simulations. With a number of techniques, support vector machines (SVM), back propagation neural networks (NNBP), sequence pattern (SP), we will model the price evolution an evaluate the quality of the models and of their predictive capabilities.…”
Section: Introductionmentioning
confidence: 99%