@inproceedings{6545498f8aae445eba5f4148a3c97808,
title = "GridEcon: A market place for computing resources",
abstract = "This paper discusses the rationales for a Grid market and, in particular, the introduction of a market place for trading commoditized computing resources. The market place proposed makes computing resources from different providers substitutable through virtualization. This includes the definition of a spot and future market as well as the parameters that a market mechanism for computing resources should consider. The above market place is complemented by a set of value-added services (e.g. insurance against resource failures, capacity planning, resource quality assurance, stable price offering) that ensure quality for Grid users over time. The market place technology for all of the above services has been designed by the GridEcon project, contributing to a broader adoption of Grid technology and enabling a service-oriented knowledge utility environment.",
keywords = "Business models, Commercial grids, Grid computing, Grid economics, Grid market place, Market mechanisms, Utility computing",
author = "J{\"o}rn Altmann and Costas Courcoubetis and Stamoulis, \{George D.\} and Manos Dramitinos and Thierry Rayna and Marcel Risch and Chris Bannink",
year = "2008",
month = sep,
day = "25",
doi = "10.1007/978-3-540-85485-2\_15",
language = "English",
isbn = "3540854843",
series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",
pages = "185--196",
booktitle = "Grid Economics and Business Models - 5th International Workshop, GECON 2008, Proceedings",
note = "5th International Workshop on Grid Economics and Business Models, GECON 2008 ; Conference date: 26-08-2008 Through 26-08-2008",
}