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Large scale systems such as the grid need scalable and efficient resource allocation mechanisms to fulfil the requirements of its participants and applications while the whole system is regulated to work efficiently. Economics inspired models have shown ability to handle efficiently the allocation of resources and services, scaling up well as they are decentralized. Our model considers the arbitration...
Symmetric exchanges has been used for peer-to-peer resource allocation systems to maintain fairness among the number of resources that each peer contributes to the network. The problem of these systems is that they do not take into account resource's quality in their fairness measure. Resource quality is an important factor to obtain fair allocations. When this factor is not kept in mind, high quality...
In all-IP networks including NGN, both computing and network resources are required to be allocated simultaneously to each service request. The authors proposed optimal joint resource allocation methods for multiple resource types. Although those methods can achieve an efficient use of resources, it may result in an dasiaunfairpsila use of resources in which resources may be monopolized by a specific...
Many indices of profitability for research and development (R and D) ventures have appeared in the literature. Most of these are calculations of the estimated economic value of a project, if successful. Their greatest utility has been in the development-type project where the probability of success has been relatively large (pr ?? 0.25). This paper considers the optimum utilization of a scarce resource,...
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