1995
DOI: 10.1145/203241.203262
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Auction allocation of computing resources

Abstract: tandard methods for allocadng computing resources normally employ schedulers and either queue or priority schemes. Alternative methods utilizing marketlikc processes are being investigated, with direct applicability to evolving distributed systems. In this article, we present results of simulations of an auction allocation in which computing tasks are provided sufficient intclligcMUf to acquire resources by offering, bidding, and exchanging them {or funds.There are a number of important consequences of our exp… Show more

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Cited by 57 publications
(20 citation statements)
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“…Gagliano [11] also investigated allocating computing resources through auctions, where the tasks themselves are provided enough intelligence to calculate the bid that is necessary to get the required resources. Recently, researchers investigated economic models for resource allocation in computational grids.…”
Section: Related Workmentioning
confidence: 99%
“…Gagliano [11] also investigated allocating computing resources through auctions, where the tasks themselves are provided enough intelligence to calculate the bid that is necessary to get the required resources. Recently, researchers investigated economic models for resource allocation in computational grids.…”
Section: Related Workmentioning
confidence: 99%
“…Finally, this paper is related to another strand in the literature on load balancing and scheduling for computer-based services (see [2] and [15]). …”
Section: Literature Reviewmentioning
confidence: 99%
“…Computational markets are based on computational agents . Computational markets have been suggested as a solution to complex resource allocation, scheduling, and optimization problems (Kurose and Simha, 1989; Lenting and Braspenning, 1993;Gagliano et al, 1995). sketch how direct load management can be modeled as a computational market.…”
Section: Related Researchmentioning
confidence: 99%