Risk management and optimal pricing in online storage grids

Information Systems Research

Volumn 22, Issue 4, 2011, Pages 756-773

  Das, Sanjukta ^a   Ye Du, Anna ^a   Gopal, Ram ^b   Ramesh, R ^a  

^a UNIVERSITY AT BUFFALO   (United States)

^b UNIVERSITY OF CONNECTICUT   (United States)

Author keywords

Forward contracts; Grid computing; Market mechanism design; Online storage

Indexed keywords

EID: 84860556594     PISSN: 10477047     EISSN: 15265536     Source Type: Journal    
DOI: 10.1287/isre.1100.0288     Document Type: Article

References (26)

1. Akamai. 2009. Akamai's netstorage services: Outsourced service to ease cost of storing content. http://www.akamai.com/html/ technology/products/netstorage.html.
2. Alexa.com. Alexa the Web information company. Accessed 2008. http://www.alexa.com.
3. Amazon.com. 2008. Success stories. http://www.amazon.com/ Success-Stories-AWS-home-page/b/ref=sc_fe_l_1_3435361_5/ 104-1585210-549543?ie=UTF8&node=182241011&no=3435361 &me=A36L942TSJ2AJA.
4. Bapna, R., S. Das, R. Garfinkel, J. Stallaert. 2008. A market design for grid computing. INFORMS J. Comput. 20(1) 100-111.
5. Bapna, R., S. Das, R. Day, R. Garfinkel, J. Stallaert. 2011. A clock-and-offer auction market for grid resources when bidders face stochastic computational needs. INFORMS J. Comput. 23(4) 630-647.
6. Brooke, J., M. Foster, S. Pickles, K. Taylor, T. Hewitt. 2000. Mini-grids: Effective test-beds for grid application. Proc. 1st IEEE/ACM Internat. Workshop Grid Comput. (GRID 2000), Bangalore, India.
7. Buyya, R. 2002. Economic-based distributed resource management and scheduling for Grid computing. Ph.D. thesis, Monash University, Melbourne, Australia.
8. Cocchi, R., S. Shanker, D. Estrin, L. Zhang. 1993. Pricing in computer networks: Motivation formulation, and example. IEEE/ACM Trans. Networking 1(6) 617-627.
9. Cooper, B., H. Garcia-Molina. 2002. Bidding for storage space in a peer-to-peer data preservation system. Proc. 22nd Internat. Conf. Distributed Comput. Sytems (ICDSC 2002), Vienna, 372-381.
10. Du, Y. A., X. Geng, R. D. Gopal, R. Ramesh, A. B. Whinston. 2008. Capacity provision networks: Foundations of markets for sharable resources in distributed computational economies. Inform. Systems Res. 19(2) 144-160.
11. Frey, J., T. Tannenbaum, M. Livny, I. Foster, S. Tuecke. 2002. Condor-G: A computation management agent for multiinstitutional grids. Cluster Comput. 5(3) 237-246.
12. Heiser, G., F. Lam, S. Russell. 1998. Resource management in the mungi single-address-space operating system. Proc. Australasian Comput. Sci. Conf., Perth, Australia.
13. Huhns, M., L. Stephens. 2000. Multiagent systems and societies of agents. G. Weiss, ed. Multiagent Systems. MIT Press, Cambridge, MA, 79-120.
14. Kira, A. 2009. Cloud computing, transaction costs, and avoiding the salesperson. Alex Kira's Blog, http://alexkira.blogspot.com/ 2009/01/cloud-computing-transaction-costs-and.html.
15. Lalis, S., A. Karipidis. 2000. JAWS: An open market-based frame- work for distributed computing over the Internet. Proc. 1st IEEE/ACM Internat. Workshop Grid Comput. (GRID 2000), Springer-Verlag, London, 35-45.
16. Lazar, A., N. Semret. 1997. Auctions for network resource sharing. Technical Report CV/CTR/TR 468-97-02, Columbia University, New York.
17. Miller, M., K. Drexler. 1998. Markets and computation: Agoric open systems. B. Huberman, ed. The Ecology of Computation. Elsevier Science Publishers, Amsterdam, 133-176.
18. Nirvanix.com. Enterprise cloud storage: Nirvanix public hybrid private clouds. Accessed 2008, http://www.nirvanix.com/.
19. Quantcast.com. How do you collect your data? Accessed 2008, http://www.quantcast.com/faq.jsp#How_do_you_collect_your _data.3F.
20. Sairamesh, J., J. Kephart. 1998. Price dynamics of vertically differentiated information markets. Proc. 1st Internat. Conf. Inform. Comput. Economies, Charleston, SC.
21. Smith, R., R. Davis. 1980. The contract net protocol: High level communication and control in a distributed problem solver. IEEE Trans. Comput. C-29(12) 1104-1113.
22. SmugMug.com. 2006a. Amazon S3: Show me the money. SmugMug's Don MacAskill (blog), November 10, http://blogs .smugmug.com/don/2006/11/10/amazon-s3-show-me-the -money/.
23. SmugMug.com 2006b. Amazon S3: Show me the money: Comments by J. S. SmugMug's Don MacAskill (blog), November 10, http://blogs.smugmug.com/don/2006/11/10/amazon-s3 -show-me-the-money/#comment-549.
24. Staimer, M. 2008. The compelling price/performance economics of the Nirvanix storage delivery network versus in-house storage. Report (June 11), http://www.nirvanix.com/pdfs/Nirvanix _vs_In-house_Storage.pdf.
25. Stonebraker, M., R. Devine, M. Kornacker, W. Litwin, A. Pfeffer, A. Sah, C. Staelin. 1994. An economic paradigm for query processing and data migration in Mariposa. Proc. 3rd Internat. Conf. Parallel Distributed Inform. Systems, IEEE Computer Society, Los Alamitos, CA, 58-67.
26. Waldspurger, C., T. Hogg, B. Huberman, J. Kephart, W. Stornetta. 1992. Spawn: A distributed computational economy. IEEE Trans. Software Engrg. 18(2) 103-117.