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A Case for Economy Grid Architecture for Service Oriented Grid Computing

Overview Computational Grids are a promising platform for executing large-scale resource intensive applications. However, resource management and scheduling in the Grid environment is a complex undertaking as resources are (geographically) distributed, heterogeneous in nature, owned by different individuals or organizations with their own policies, have different access and cost models, and have dynamically varying loads and availability. This introduces a number of challenging issues such as site autonomy, heterogeneous interaction, policy extensibility, resource allocation or co-allocation, online control, scalability, transparency, resource brokering, and "Computational economy". This paper proposes a 'Computational economy framework' that builds on the existing Grid middleware systems and offers an infrastructure for resource management and trading in the Grid environment.

Further White Paper Details
PublisherMonash University File FormatPDF
Date PublishedJune 2001
FormatWhite Papers   
Topics
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