Some economics of market-based distributed scheduling
Walsh, W.E.; Wellman, M.P.; Wurman, P.R.; MacKie-Mason, J.K.
Distributed Computing Systems, 1998. Proceedings. 18th International Conference on
Volume , Issue , 26-29 May 1998 Page(s):612 - 621
Digital Object Identifier   10.1109/ICDCS.1998.679848
Summary:Market mechanisms solve distributed scheduling problems by allocating the scheduled resources according to market prices. We model distributed scheduling as a discrete resource allocation problem, and demonstrate the applicability of economic analysis to this framework. Drawing on results from the literature, we discuss the existence of equilibrium prices for some general classes of scheduling problems, and the quality of equilibrium solutions. We then present two auction protocols for implementing solutions, and analyze their computational and economic properties

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