Micro-economy effect on cloud federation

Cloud federation is considered the future of cloud providers, and for its importance, many researchers proposed federation mechanisms and automatic pricing schemes. To the best of our knowledge, all the proposed federation mechanisms fall in the same fatal hazard by selecting very far cloud providers to establish federation with and this severely decrements their customer satisfaction. In this paper, we raise the awareness on the hazards of price-based cloud selection mechanisms and propose views on how to solve the discussed hazards.