Resource allocation in decentralised computational systems: an evolutionary market-based approach
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Summary
The behaviour of the novel market-based method, inspired by retail markets, for resource allocation in fully decentralised systems where agents are self-interested, is demonstrated in simulation, where evolutionary market agents act on behalf of service providing nodes to adaptively price their resources over time, in response to market conditions.
- Type
- article
- Published
- 2010-09-01
- Cited by
- 24
- References
- 66
- Access
- Open access
- OpenAlex
- https://openalex.org/W1971300537
- Semantic Scholar
- https://api.semanticscholar.org/CorpusID:261903174
Keywords
Outcome (game theory), Resource allocation, Scalability, Computer science, Negotiation
References
- Evolutionary market-based resource allocation in decentralised computational systems
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- Shop ‘Til You Drop I: Market Trading Interactions as Adaptive Behavior
- Service-Oriented Computing: a Research Roadmap
- Simple Bargaining Agents for Decentralized Market-Based Control
- Market-based control: a paradigm for distributed resource allocation
- Handbook of Computational Economics
- Balanced Overlay Networks (BON): An Overlay Technology for Decentralized Load Balancing
- Modeling Implicit Collusion Using Coevolution
- Dynamic Load Balancing on Web-Server Systems
- Analyzing Market-Based Resource Allocation Strategies for the Computational Grid
- A multiple parallel download scheme with server throughput and client bandwidth considerations for data grids
- Applying evolutionary game theory to auction mechanism design
- Price issues in delivering E-content on-demand
- Markets are dead, long live markets
- Grid load balancing using intelligent agents
- The Catallaxy as a New Paradigm for the Design of Information Systems
- Using co-evolutionary programming to simulate strategic behaviour in markets
- A Comparison of Posted-Offer and Double-Auction Pricing Institutions
Cited by
- Self-aware software architecture style and patterns for cloud-based applications
- Self-Organising Zooms for Decentralised Redundancy Management in Visual Sensor Networks
- Optimal services for content delivery based on business priority
- A diversity dilemma in evolutionary markets
- Distributive Justice for Self-Organised Common-Pool Resource Management
- A Reputation-Based Approach to Self-Adaptive Service Selection
- A novel method for coevolving PS-optimizing negotiation strategies using improved diversity controlling EDAs
- Collective Adaptive Systems: Qualitative and Quantitative Modelling and Analysis (Dagstuhl Seminar 14512)
- Decentralized Combinatorial Auctions for Multi-Unit Resource Allocation
- Fixed-Time Cooperative Relay Tracking in Multiagent Surveillance Networks
- Decentralized Auctioneerless Combinatorial Auctions for Multi-Unit Resource Allocation
- Markets and Clouds: Adaptive and Resilient Computational Resource Allocation Inspired by Economics
- Preference-based resource reservation method for resource allocation in full distributed systems
- Finding the Largest Successful Coalition under the Strict Goal Preferences of Agents
- Multi-agent Model of Resource Allocation in Distributed Computing Environment for Job Flow Processing
- Economics-Driven Software Architecture
- Evolutionary Optimization for Proactive and Dynamic Computing Resource Allocation in Open Radio Access Network
- Market-based control of computational systems: introduction to the special issue
- Reference Architecture for Self-aware and Self-expressive Computing Systems
- Self-aware Object Tracking in Multi-Camera Networks
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