Resource pricing strategy in wireless grid using non-cooperative bargaining game

The consumers in a wireless grid will prefer reliable and cost optimal resources for job execution, while the grid service providers prefer efficient utilization of their resources. Hence brokering of resources that meet the requirements of consumers and providers is a challenging task in presence of unstable (wireless) network connections, market dynamics and rational users. This paper models a resource pricing strategy using a non-cooperative bargaining game for resource allocation considering dynamics in the grid market. The proposed scheme is simulated to evaluate the performance parameters like offered price, surplus, negotiation time and job completion time. We observed that our scheme performs better than existing scheme in terms of negotiation time and job completion time.