Title :
Advance Reservation of Grid Resources via Real Options
Author_Institution :
Inst. of Inf. Syst. & Manage., Univ. Karlsruhe (TH), Karlsruhe
Abstract :
While grid market schedulers have recently received a lot of attention and have been accepted not only in economic but also in purely computer science areas as well, technical grid schedulers are being modified to support advance reservation of resources, too. This prompts questions on how to model grid markets and how to handle grid resource reservation in a reasonable economic fashion. This paper introduces a real options approach together with a basic model to address those issues.
Keywords :
economics; grid computing; marketing; scheduling; computer science; economics; grid market schedulers; grid resources; real options; Cloud computing; Cost accounting; Grid computing; Job shop scheduling; Management information systems; Middleware; Processor scheduling; Resource management; Scheduling algorithm; Throughput; Advance Reservation; Grid; Grid Markets; Real Options;
Conference_Titel :
E-Commerce Technology and the Fifth IEEE Conference on Enterprise Computing, E-Commerce and E-Services, 2008 10th IEEE Conference on
Conference_Location :
Washington, DC
Print_ISBN :
978-0-7695-3340-7
DOI :
10.1109/CECandEEE.2008.126
