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Communications of the IBIMA
Towards Better Understanding of Two Economic Models: A Grid Perspective
Aminul Haque1, Saadat M Alhashmi1 and Rajendran Parthiban2
1School of IT, Monash University, Malaysia
2School of Engineering, Monash University, Malaysia
Volume 2011 (2011), Article ID 223098, Communications of the IBIMA, 13 pages
DOI: 10.5171/2011.223098
Copyright © 2011 Aminul Haque, Saadat
M Alhashmi, and Rajendran Parthiban. This is an open access article
distributed under the Creative Commons Attribution License unported
3.0, which permits unrestricted use, distribution, and reproduction in
any medium, provided that original work is properly cited.
Abstract
Economic
models play a significant role in performance of grid implementation.
In this paper, we studied Double auction and Contract-Net-Protocol,
which are two of the widely used economic models in grid computing.
Economic models facilitate harnessing grid resources across distributed
ownerships. However, dynamic nature of these resources imposes further
challenge in seamless collaboration. Agent technology is efficient in
grid computing due to their autonomous, distributed and collaborative
nature. This work models an agent-based economic architecture that
supports dynamic management of distributed resources. A simulation
environment is designed and implemented for different grid scenarios
using the two models and they are later evaluated. We compare our
results in terms of job rejection rate, total revenue gained and
utilization of idle resources by the market providers. The experimental
results predict the effectiveness of using more than one economic model
due to various reasons. Our findings would help grid resource providers
to decide which model to use at which scenario in order to optimize
their designed objectives.
Keywords: Grid; Agent; Double auction; Contract-Net-Protocol; Revenue; Utilization.
Keywords: Grid; Agent; Double auction; Contract-Net-Protocol; Revenue; Utilization.
