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Resource Management in Utility and Cloud Computing

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This SpringerBrief reviews the existing market-oriented strategies for economically managing resource allocation in distributed systems. It describes three new schemes that address cost-efficiency, user incentives, and allocation fairness with regard to different scheduling contexts. The first scheme, taking the Amazon EC2™ market as a case of study, investigates the optimal resource rental planning models based on linear integer programming and stochastic optimization techniques. This mode...