Published November 30, 2010 | Version v1
Journal article Open

A NOVEL APPROACH FOR ALLOCATING NETWORK AND IT RESOURCES OFFERED BY DIFFERENT SERVICE PROVIDERS

  • 1. Department of Applied Mathematics, University of Crete, Knossos Avenue, Heraklion GR 71409 Greece
  • 2. Department of Informatics, Athens University of Economics and Business, 76 Patision Street, Athens GR 10434, Greece

Description

IT TECHNOLOGIES ARE INCREASINGLY BEING USED TO OFFER COMPUTING RESOURCES OR INFORMATION IN DIFFERENT LOCATIONS USING NETWORK RESOURCES. IN THIS PAPER WE ADDRESS THE PROBLEM OF ALLOCATING RESOURCES TO ENABLE CUSTOMERS COMPOSE THEIR OWN DESIRED SERVICES. WE PROPOSE AN AUCTION MECHANISM THAT COMPRISES INDEPENDENT AUCTIONS PERFORMED BY EACH PROVIDER AND INVESTIGATE BIDDING STRATEGIES AND SOCIAL WELFARE.

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