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A Grid Resource Price-adjusting Strategy Based on Price Influence Model

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3 Author(s)
Lulai Yuan ; Tongji University, China; National Engineering and Technology Center of High Performance Computer, China ; Guosun Zeng ; Wei Wang

In the market-oriented grid system, the price management of grid resources is a challenging undertaking as most resources are interdependent. So we discuss the dependent relations among grid resources, and build a "price influence model" which reflects the price dependence of resources. Furthermore, a price-adjusting strategy based on the "price influence model" is proposed. The strategy focuses on adjusting the unreasonable prices of partial resources, so as to achieve equilibrium prices of all resources. Finally, we illustrate the utility of our work by one example

Published in:

2006 Fifth International Conference on Grid and Cooperative Computing (GCC'06)

Date of Conference:

Oct. 2006