Title :
The Pricing Scheme of the Grid Resource Based on Cournot Equilibrium
Author :
Li, Hao ; Wang, Bo
Author_Institution :
Key Lab. in Software Eng. of Yunnan Province, Yunnan Univ., Kunming, China
Abstract :
As the complexity of grid environment, grid contains a variety of resources. We introduce the economic model in order to respond the changes of resource supply and demand. In this paper, we based on the original economic model and subdivision the role of resource providers, then we formulate an initial pricing strategy of underlying resources which based on Cournot equilibrium theory to achieve maximum benefits of resource participants. After the initial pricing strategy has been formulated, the initial price and basic information of the resources has been recorded in GIS of grid bank.
Keywords :
economic indicators; grid computing; pricing; supply and demand; Cournot equilibrium; GIS; economic model; grid bank; grid information server; grid resources; pricing strategy; resource supply and demand; Biological system modeling; Laboratories; Pricing; Resource management; Software engineering; Supply and demand; Cournot equilibrium; initial price; resource pricing;
Conference_Titel :
Software Engineering (WCSE), 2010 Second World Congress on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-9287-9
DOI :
10.1109/WCSE.2010.109