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About TMP 30 DE
This document proposes three mechanisms (C-DSIC, C-BIC, C-OPT) for automating the procurement of cloud resources by a cloud broker on behalf of users. C-DSIC uses a Vickrey auction to select the lowest cost vendor, while C-BIC achieves budget balance but lacks individual rationality. C-OPT overcomes limitations of the other two by selecting the vendor with the lowest "virtual cost" while maintaining incentive compatibility and individual rationality. The document argues that automated resource procurement through a cloud broker using one of these mechanisms could help users more easily and cost-effectively obtain cloud resources from multiple vendors.
Detailed Information
| Author: | ['Frontiers'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 14 |
| Language: | English |
| Format: | |
| Price: | FREE |
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