License: Creative Commons Attribution 4.0 International license (CC BY 4.0)
When quoting this document, please refer to the following
DOI: 10.4230/DagSemProc.06461.9
URN: urn:nbn:de:0030-drops-10042
URL: http://dagstuhl.sunsite.rwth-aachen.de/volltexte/2007/1004/
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Neumann, Dirk

Engineering Grid Markets

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06461.NeumannDirk.Paper.1004.pdf (0.1 MB)

Abstract

Grids denote a promising concept to pool computer
resources for joint computations. Facing increasingly more complex
and demanding resources, Grids are deemed the solution to those
problems by a more efficient and flexible usage of already
existing resources. From a technical perspective Grid middleware
have made significant progress. While in former implementations it
was only possible to share idle resources (e.g. using Condor),
new Grid middleware allow advance reservation of resources that
are once committed not usable locally for the committed time
(e.g. GRAM in Globus Toolkit 4.0). Advance reservation thus
allows the sharing of not only idle resources but of all
designated resources.

The contribution of this paper is threefold. Firstly, this paper
derives a requirement list stemming from Grid applications that
need to be fulfilled by the market-based Grid. Secondly, the paper
compares related work with the above requirements. Thirdly, and
most importantly, this paper provides a fully-fledged market
mechanism that is tailored to the use in service-oriented Grids.

BibTeX - Entry

@InProceedings{neumann:DagSemProc.06461.9,
  author =	{Neumann, Dirk},
  title =	{{Engineering Grid Markets}},
  booktitle =	{Negotiation and Market Engineering},
  pages =	{1--13},
  series =	{Dagstuhl Seminar Proceedings (DagSemProc)},
  ISSN =	{1862-4405},
  year =	{2007},
  volume =	{6461},
  editor =	{Nick Jennings and Gregory Kersten and Axel Ockenfels and Christof Weinhardt},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/opus/volltexte/2007/1004},
  URN =		{urn:nbn:de:0030-drops-10042},
  doi =		{10.4230/DagSemProc.06461.9},
  annote =	{Keywords: Market Engineering, Grid Computing, Combinatorial Exchange}
}

Keywords: Market Engineering, Grid Computing, Combinatorial Exchange
Collection: 06461 - Negotiation and Market Engineering
Issue Date: 2007
Date of publication: 10.05.2007

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