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A major challenging problem for cloud providers is designing efficient mechanisms for virtual machine (VM) provisioning and allocation. Such mechanisms enable the cloud providers to effectively utilize their available resources and obtain higher profits. Recently, cloud providers have introduced auction-based models for VM provisioning and allocation which allow users to submit bids for their requested...
Designing efficient mechanisms for Virtual Machine (VM) provisioning and allocation is a major challenging problem that needs to be solved by cloud providers. We formulate the VM provisioning and allocation problem in clouds as an integer program and design truthful greedy mechanisms that solve it. We show that the proposed mechanisms are truthful, that is, the users do not have incentives to lie...
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