Paper Info
Title
Q-Strategy: A Bidding Strategy for Market-Based Allocation of Grid Services
Abstract
The application of autonomous agents by the provisioning and usage of computational services is an attractive research field. Various methods and technologies in the area of artificial intelligence, statistics and economics are playing together to achieve i) autonomic service provisioning and usage of Grid services, to invent ii) competitive bidding strategies for widely used market mechanisms and to iii) incentivize consumers and providers to use such market-based systems. The contributions of the paper are threefold. First, we present a bidding agent framework for implementing artificial bidding agents, supporting consumers and providers in technical and economic preference elicitation as well as automated bid generation by the requesting and provisioning of Grid services. Secondly, we introduce a novel consumer-side bidding strategy, which enables a goal-oriented and strategic behavior by the generation and submission of consumer service requests and selection of provider offers. Thirdly, we evaluate and compare the Q-strategy, implemented within the presented framework, against the Truth-Telling bidding strategy in three mechanisms --- a centralized CDA, a decentralized on-line machine scheduling and a FIFO-scheduling mechanisms.
Year
DOI
Venue
2008
10.1007/978-3-540-88871-0_52
OTM Conferences (1)
Keywords
Field
DocType
grid service,artificial intelligence,automated bid generation,bidding agent framework,artificial bidding agent,bidding strategy,computational service,truth-telling bidding strategy,grid services,autonomic service,competitive bidding strategy,market-based allocation,novel consumer-side bidding strategy,reinforcement learning,grid computing,artificial intelligent,autonomous agent,goal orientation
Autonomous agent,Preference elicitation,Grid computing,Computer science,Provisioning,Real-time bidding,Bidding,Ebidding,Marketing,Grid,Distributed computing,Process management
Conference
Volume
ISSN
Citations 
5331
0302-9743
7
PageRank 
References 
Authors
0.55
36
2
Name
Order
Citations
PageRank
Nikolay Borissov119911.25
Niklas Wirström213410.16