Authors
William E Walsh, Michael P Wellman, Peter R Wurman, Jeffrey K MacKie-Mason
Publication date
1998/5/29
Conference
Proceedings. 18th International Conference on Distributed Computing Systems (Cat. No. 98CB36183)
Pages
612-621
Publisher
IEEE
Description
Market mechanisms solve distributed scheduling problems by allocating the scheduled resources according to market prices. We model distributed scheduling as a discrete resource allocation problem, and demonstrate the applicability of economic analysis to this framework. Drawing on results from the literature, we discuss the existence of equilibrium prices for some general classes of scheduling problems, and the quality of equilibrium solutions. We then present two auction protocols for implementing solutions, and analyze their computational and economic properties.
Total citations
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Scholar articles
WE Walsh, MP Wellman, PR Wurman… - … Conference on Distributed Computing Systems (Cat …, 1998