Market-Oriented Grid and Utility Computing / Edition 1

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The first single-source reference covering the state of the art in grid and utility computing economy research

This book presents the first integrated, single-source reference on market-oriented grid and utility computing. Divided into four main parts—and with contributions from a panel of experts in the field—it systematically and carefully explores:

  • Foundations—presents the fundamental concepts of market-oriented computing and the issues and challenges in allocating resources in a decentralized computing environment.
  • Business models—covers business models for service providers and brokers supporting different types of distributed applications, as well as business rules-based models for managing virtual organizations and accounting operations and services in grid computing environments.
  • Policies and agreements—introduces policies, agreements, and specifications for the negotiation and establishment of contracts between providers and consumers. It also covers different approaches for resource allocation based on service-level agreements (SLAs) and management of risks associated with SLA violations.
  • Resource allocation and scheduling mechanisms—covers economic models, such as commodity models, reciprocation, auctions, and game theory, and middleware technologies, such as Nimrod/G and Gridbus, for market-oriented grid computing and utility-oriented resource allocation.

This book expertly captures the state of the art in the field while also identifying potential research directions and technologies that will facilitate the creation of global commercial grid and utility computing systems. It is an indispensable reference for systems architects, practitioners, developers, new researchers, and graduate students.

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Product Details

Meet the Author

Dr. Rajkumar Buyya is an Associate Professor of ComputerScience and Software Engineering and Director of the CloudComputing and Distributed Systems (CLOUDS) Laboratory at theUniversity of Melbourne, Australia. Dr. Buyya has contributed tothe creation of high-performance computing and communication systemsoftware for Indian PARAM supercomputers and has pioneered theeconomic paradigm for service-oriented grid and cloud computing. Hecurrently serves as the founding CEO of Manjrasoft, a companyproducing software systems for utility-oriented grid and cloudcomputing.

Dr. Kris Bubendorfer lectures in computer science at theVictoria University of Wellington, New Zealand. He teaches coursesin networking, operating systems, algorithms, mobile systems, andadvanced distributed systems.

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Table of Contents





1 Market-Oriented Computing and Global Grids: An Introduction(Rajkumar Buyya and Srikumar Venugopal).

2 Markets, Mechanisms, Games, and Their Implications in Grids(Yibo Sun, Sameer Tilak, Ruppa K. Thulasiram, and KennethChiu).

3 Ownership and Decentralization Issues in Resource AllocationMechanisms (Tiberiu Stef-Praun).

4 Utility Functions, Prices, and Negotiation (JohnWilkes).

5 Options and Commodity Markets for Computing Resources (DanCristian Marinescu, John Patrick Morrison, and Howard JaySiegel).


6 Grid Business Models, Evaluation, and Principles (SteveTaylor and Paul McKee).

7 Grid Business Models for Brokers Executing SLA-Based Workflows(Dang Minh Quan and Jorn Altman).

8 A Business-Rules-Based Model to Manage Virtual Organizationsin Collaborative Grid Environments (Pilar Herrero, Jose LuisBosque, and María S. Perez).

9 Accounting as a Requirement for Market-Oriented Grid Computing(Andrea Guarise and Rosario M. Piro).


10 Service-Level Agreements (SLAs) in the Grid Environment(Bastian Koller, Eduardo Oliveros, and AlfonsoSanchez-Macian).

11 SLAs, Negotiation, and Challenges (Paul McKee, SteveTaylor, Mike Surridge, and Richard Lowe).

12 SLA-Based Resource Management and Allocation (JordiGuitart, Mario Macías, Omer Rana, Philipp Wieder, RaminYahyapour, and Wolfgang Ziegler).

13 Market-Based Resource Allocation for Differentiated QualityService Levels (H. Howie Huang and Andrew S. Grimshaw).

14 Specification, Planning, and Execution of QoS-Aware GridWorkflows (Ivona Brandic, Sabri Pllana, and SiegfriedBenkner).

15 Risk Management In Grids (Karim Djemame, James Padgett,Iain Gourlay, Kerstin Voss, and Odej Kao).


16 A Reciprocation-Based Economy for Multiple Services in aComputational Grid (Nazareno Andrade, Francisco Brasileiro,Miranda Mowbray, and Walfredo Cirne).

17 The Nimrod/G Grid Resource Broker for Economics-BasedScheduling (Rajkumar Buyya and David Abramson).

18 Techniques for Providing Hard Quality-of-Service Guaranteesin Job Scheduling (Pavan Balaji, Ponnuswamy Sadayappan, andMohammad Islam).

19 Deadline Budget-Based Scheduling of Workflows on UtilityGrids (Jia Yu, Kotagiri Ramamohanarao, and RajkumarBuyya).

20 Game-Theoretic Scheduling of Grid Computations (Yu-KwongKwok).

21 Cooperative Game-Theory-Based Cost Optimization forScientific Workflows (Radu Prodan and Rubing Duan).

22 Auction-Based Resource Allocation (BjornSchnizler).

23 Two Auction-Based Resource Allocation Environments: Designand Experience (Alvin AuYoung, Phil Buonadonna, Brent N. Chun,Chaki Ng, David C. Parkes, Jeff Shneidman, Alex C. Snoeren, andAmin Vahdat).

24 Trust in Grid Resource Auctions (Kris Bubendorfer, BenPalmer, and Wayne Thomson).

25 Using Secure Auctions to Build a Distributed Metaschedulerfor the Grid (Kyle Chard and Kris Bubendorfer).

26 The Gridbus Middleware for Market-Oriented Computing(Rajkumar Buyya, Srikumar Venugopal, Rajiv Ranjan, and Chee ShinYeo).


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