DocumentCode
2254413
Title
Pricing reserved and On-Demand Schemes of cloud computing based on option pricing model
Author
Deyuan Wang ; Ying Wang ; Jichun Liu ; Ke Xiao ; Wenjing Li ; Xuesong Qiu
Author_Institution
State Key Lab. of Networking & Switching Technol., Beijing Univ. of Posts & Telecommun., Beijing, China
fYear
2013
fDate
25-27 Sept. 2013
Firstpage
1
Lastpage
3
Abstract
In this paper, we treat the pricing of the cloud resources as an option pricing problem. The pricing of the Reserved scheme can be solved as a European option problem and the pricing of the On-Demand Scheme can be solved as an American option problem. We adopt the method of Trinomial tree to resolve the European option problem and the American option problem. The model we proposed can calculate the pricing of those two schemes according to the investment and contract time and the prices can satisfy the interests of both resource providers and users.
Keywords
cloud computing; contracts; investment; pricing; share prices; American option problem; European option problem; cloud computing; cloud resources pricing; contract time; investment; on-demand scheme pricing; option pricing model; reserved scheme pricing; trinomial tree; Europe; On-Demand Scheme; Reserved Scheme; cloud; pricing;
fLanguage
English
Publisher
ieee
Conference_Titel
Network Operations and Management Symposium (APNOMS), 2013 15th Asia-Pacific
Conference_Location
Hiroshima
Type
conf
Filename
6665243
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