Ebook: Economic Models and Algorithms for Distributed Systems

Distributed computing paradigms for sharing resources such as Clouds, Grids, Peer-to-Peer systems, or voluntary computing are becoming increasingly popular. While there are some success stories such as PlanetLab, OneLab, BOINC, BitTorrent, and SETI@home, a widespread use of these technologies for business applications has not yet been achieved. In a business environment, mechanisms are needed to provide incentives to potential users for participating in such networks. These mechanisms may range from simple non-monetary access rights, monetary payments to specific policies for sharing. Although a few models for a framework have been discussed (in the general area of a "Grid Economy"), none of these models has yet been realised in practice. This book attempts to fill this gap by discussing the reasons for such limited take-up and exploring incentive mechanisms for resource sharing in distributed systems. The purpose of this book is to identify research challenges in successfully using and deploying resource sharing strategies in open-source and commercial distributed systems.

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Distributed computing paradigms for sharing resources such as Clouds, Grids, Peer-to-Peer systems, or voluntary computing are becoming increasingly popular. While there are some success stories such as PlanetLab, OneLab, BOINC, BitTorrent, and SETI@home, a widespread use of these technologies for business applications has not yet been achieved. In a business environment, mechanisms are needed to provide incentives to potential users for participating in such networks. These mechanisms may range from simple non-monetary access rights, monetary payments to specific policies for sharing. Although a few models for a framework have been discussed (in the general area of a "Grid Economy"), none of these models has yet been realised in practice. This book attempts to fill this gap by discussing the reasons for such limited take-up and exploring incentive mechanisms for resource sharing in distributed systems. The purpose of this book is to identify research challenges in successfully using and deploying resource sharing strategies in open-source and commercial distributed systems.

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Distributed computing paradigms for sharing resources such as Clouds, Grids, Peer-to-Peer systems, or voluntary computing are becoming increasingly popular. While there are some success stories such as PlanetLab, OneLab, BOINC, BitTorrent, and SETI@home, a widespread use of these technologies for business applications has not yet been achieved. In a business environment, mechanisms are needed to provide incentives to potential users for participating in such networks. These mechanisms may range from simple non-monetary access rights, monetary payments to specific policies for sharing. Although a few models for a framework have been discussed (in the general area of a "Grid Economy"), none of these models has yet been realised in practice. This book attempts to fill this gap by discussing the reasons for such limited take-up and exploring incentive mechanisms for resource sharing in distributed systems. The purpose of this book is to identify research challenges in successfully using and deploying resource sharing strategies in open-source and commercial distributed systems.

Content:
Front Matter....Pages I-VI
Economic Models and Algorithms for Distributed Systems....Pages 1-3
Front Matter....Pages 5-8
A Belief-based Trust Model for Dynamic Service Selection....Pages 9-23
Reputation, Princing and the E-Science Grid....Pages 25-43
Trust-oriented Utility-based Community Structure in Multiagent Systems....Pages 45-61
Formation of Virtual Organizations in Grids: A Game-Theoretic Approach....Pages 63-81
Towards Dynamic Authentication in the Grid — Secure and Mobile Business Workflows Using GSet....Pages 83-104
Front Matter....Pages 105-108
Enforcing Service Level Agreements Using an Economically Enhanced Resource Manager....Pages 109-127
Extended Resource Management Using Client Classification and Economic Enhancements....Pages 129-141
Mitigating Provider Uncertainty in Service Provision Contracts....Pages 143-159
Text-Content-Analysis based on the Syntactic Correlations between Ontologies....Pages 161-180
Front Matter....Pages 181-185
Cloud Computing Value Chains: Understanding Businesses and Value Creation in the Cloud....Pages 187-208
A Model for Determining the Optimal Capacity Investment for Utility Computing....Pages 209-220
A Combinatorial Exchange for Complex Grid Services....Pages 221-237
Heuristic Scheduling in Grid Environments: Reducing the Operational Energy Demand....Pages 239-256
Facing Price Risks in Internet-of-Services Markets....Pages 257-269

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Distributed computing paradigms for sharing resources such as Clouds, Grids, Peer-to-Peer systems, or voluntary computing are becoming increasingly popular. While there are some success stories such as PlanetLab, OneLab, BOINC, BitTorrent, and SETI@home, a widespread use of these technologies for business applications has not yet been achieved. In a business environment, mechanisms are needed to provide incentives to potential users for participating in such networks. These mechanisms may range from simple non-monetary access rights, monetary payments to specific policies for sharing. Although a few models for a framework have been discussed (in the general area of a "Grid Economy"), none of these models has yet been realised in practice. This book attempts to fill this gap by discussing the reasons for such limited take-up and exploring incentive mechanisms for resource sharing in distributed systems. The purpose of this book is to identify research challenges in successfully using and deploying resource sharing strategies in open-source and commercial distributed systems.

Content:
Front Matter....Pages I-VI
Economic Models and Algorithms for Distributed Systems....Pages 1-3
Front Matter....Pages 5-8
A Belief-based Trust Model for Dynamic Service Selection....Pages 9-23
Reputation, Princing and the E-Science Grid....Pages 25-43
Trust-oriented Utility-based Community Structure in Multiagent Systems....Pages 45-61
Formation of Virtual Organizations in Grids: A Game-Theoretic Approach....Pages 63-81
Towards Dynamic Authentication in the Grid — Secure and Mobile Business Workflows Using GSet....Pages 83-104
Front Matter....Pages 105-108
Enforcing Service Level Agreements Using an Economically Enhanced Resource Manager....Pages 109-127
Extended Resource Management Using Client Classification and Economic Enhancements....Pages 129-141
Mitigating Provider Uncertainty in Service Provision Contracts....Pages 143-159
Text-Content-Analysis based on the Syntactic Correlations between Ontologies....Pages 161-180
Front Matter....Pages 181-185
Cloud Computing Value Chains: Understanding Businesses and Value Creation in the Cloud....Pages 187-208
A Model for Determining the Optimal Capacity Investment for Utility Computing....Pages 209-220
A Combinatorial Exchange for Complex Grid Services....Pages 221-237
Heuristic Scheduling in Grid Environments: Reducing the Operational Energy Demand....Pages 239-256
Facing Price Risks in Internet-of-Services Markets....Pages 257-269
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