Title
SORMA --- Business Cases for an Open Grid Market: Concept and Implementation
Abstract
Economic mechanisms enhance technological solutions by setting the right incentives to reveal information about demand and supply accurately. Market or pricing mechanisms are ones that foster information exchange and can therefore attain efficient allocation. By assigning a value (also called utility) to their service requests, users can reveal their relative urgency or costs to the service. The implementation of theoretical sound models induce further complex challenges. The EU-funded project SORMA analyzes these challenges and provides a prototype as a proof-of-concept. In this paper the approach within the SORMA-project is described on both conceptual and technical level.
Year
DOI
Venue
2008
10.1007/978-3-540-85485-2_14
GECON
Keywords
Field
DocType
business cases,right incentive,pricing mechanism,economic mechanism,eu-funded project,open grid market,efficient allocation,service request,technical level,complex challenge,foster information exchange,relative urgency,business case,demand and supply,proof of concept,information exchange
Business case,Grid computing,Incentive,Computer science,Engineering management,Information exchange,Supply and demand,Grid,Management science,Distributed computing
Conference
Volume
ISSN
Citations 
5206
0302-9743
15
PageRank 
References 
Authors
0.89
21
8
Name
Order
Citations
PageRank
Jens Nimis113615.49
Arun Anandasivam250826.06
Nikolay Borissov319911.25
Garry Smith4566.64
Dirk Neumann515415.94
Niklas Wirström613410.16
Erel Rosenberg7150.89
Matteo Villa8243.95