TY - JOUR
T1 - A survey of bargaining models for grid resource allocation
AU - Sim, Kwang Mong
N1 - Funding information:
K. M. Sim gratefully acknowledges financial support for this work from the Faculty of Science in the Hong Kong Baptist University (project number: FRG/04-05/II-65). The author would like to thank the referees for their comments and suggestions. Thanks also to Fiona Tong-Sim for supplying ideas in the field of micro-economics.
Publisher copyright:
© 2005 ACM
© 2006 Author
PY - 2006/1
Y1 - 2006/1
N2 - Whereas it is noted that various types of auctions, commodity market models, and contract-net (tendering) model are more widely used for managing Grid resources, this paper focuses on discussing bargaining (negotiation) models for Grid resource management. To this end, this survey supplements and complements existing surveys by reviewing, comparing, and highlighting the very few extant research initiatives on applying bargaining as a mechanism for managing Grid resources. The contributions of this paper are (i) discussing the motivations for considering bargaining models for Grid resource management, (ii) discussing the issues in building bargaining mechanisms for Grid resource management, (iii) comparing the strategies and protocols of state-of-the-art bargaining models for Grid resources, and (iv) discussing possible new directions.
AB - Whereas it is noted that various types of auctions, commodity market models, and contract-net (tendering) model are more widely used for managing Grid resources, this paper focuses on discussing bargaining (negotiation) models for Grid resource management. To this end, this survey supplements and complements existing surveys by reviewing, comparing, and highlighting the very few extant research initiatives on applying bargaining as a mechanism for managing Grid resources. The contributions of this paper are (i) discussing the motivations for considering bargaining models for Grid resource management, (ii) discussing the issues in building bargaining mechanisms for Grid resource management, (iii) comparing the strategies and protocols of state-of-the-art bargaining models for Grid resources, and (iv) discussing possible new directions.
KW - bargaining
KW - grid resource management
KW - computational economy
KW - grid resource allocation
KW - automated negotiation
U2 - 10.1145/1124566.1124570
DO - 10.1145/1124566.1124570
M3 - Journal article
SN - 1551-9031
VL - 5
SP - 22
EP - 32
JO - ACM SIGecom Exchanges
JF - ACM SIGecom Exchanges
IS - 5
ER -