Towards A Grid Market
In this paper we discuss a basic framework for a grid computing market. It has long been argued that pricing of computer resources can act as a scheduling protocol. We take this idea to its natural conclusion by discussing the basic properties of such a model. We introduce agents that own computer resources on the grid. We allow the agents to trade resources as well as consume resources for the benefit of their own computing needs. The aim is to study the behavior of such agents and discuss existence of equilibria between the price process and consumption of resources. At such an equilibrium point all the resources are consumed as soon as they are made available, and the market is at zero net supply.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
When requesting a correction, please mention this item's handle: RePEc:sce:scecfa:483. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)
If references are entirely missing, you can add them using this form.