Macroeconomics based Grid resource allocation
Resource allocation is the key technology in Grid computing. While most of the existing literature of economics-based Grid resource allocation relies on the basic microeconomic principle, which concerns the behavior of individual agents in the Grid, this paper provides a novel approach based on macroeconomics, which concerns large aggregate behavior instead of individual actions. First, we propose a macroeconomics-based market framework that is well suited for a service-oriented Grid. Then, some macroeconomics-based resource allocation strategies, which can effectively improve the performance of the whole Grid market, are given. Simulation results prove good performance of the proposed method.
macroeconomics resource allocation grid computing hierarchical market