Market-oriented Grid and Utility Computing

Grid and utility computing is recognized as one of the top five emerging technologies that will have a major impact on the quality of science. The first coordinated and integrated single-source reference on market-oriented grid computing, Market-Oriented Grid and Utility Computing covers the shift within the grid community where resources are traded, negotiated, allocated, provisioned, and monitored, based on user quality of service requirements. Researchers and practitioners working within current grid infrastructures and future models, as well as graduate students, will not want to be without this valuable resource.

Dr. Rajkumar Buyya is an Associate Professor of Computer Science and Software Engineering and Director of the Cloud Computing and Distributed Systems (CLOUDS) Laboratory at the University of Melbourne, Australia. Dr. Buyya has contributed to the creation of high-performance computing and communication system software for Indian PARAM supercomputers and has pioneered the economic paradigm for service-oriented grid and cloud computing. He currently serves as the founding CEO of Manjrasoft, a company producing software systems for utility-oriented grid and cloud computing. Dr. Kris Bubendorfer lectures in computer science at the Victoria University of Wellington, New Zealand. He teaches courses in networking, operating systems, algorithms, mobile systems, and advanced distributed systems.

Contributors	p. ix
Preface	p. xv
Acronyms	p. xix
Foundations
Market-Oriented Computing and Global Grids: An Introduction	p. 3
Markets, Mechanisms, Games, and Their Implications in Grids	p. 29
Ownership and Decentralization Issues in Resource Allocation Mechanisms	p. 49
Utility Functions, Prices, and Negotiation	p. 67
Options and Commodity Markets for Computing Resources	p. 89
Business Models
Grid Business Models, Evaluation, and Principles	p. 123
Grid Business Models for Brokers Executing SLA-Based Workflows	p. 147
A Business-Rules-Based Model to Manage Virtual Organizations in Collaborative Grid Environments	p. 167
Accounting as a Requirement for Market-Oriented Grid Computing	p. 187
Policies And Agreements
Service-Level Agreements (SLAs) in the Grid Environment	p. 215
SLAs, Negotiation, and Challenges	p. 237
SLA-Based Resource Management and Allocation	p. 261
Market-Based Resource Allocation for Differentiated Quality Service Levels	p. 285
Specification, Planning, and Execution of QoS-Aware Grid Workflows	p. 309
Risk Management In Grids	p. 355
Resource Allocation And Scheduling Mechanisms
A Reciprocation-Based Economy for Multiple Services in a Computational Grid	p. 357
The Nimrod/G Grid Resource Broker for Economics-Based Scheduling	p. 371
Techniques for Providing Hard Quality-of-Service Guarantees in Job Scheduling	p. 403
Deadline Budget-Based Scheduling of Workflows on Utility Grids	p. 427
Game-Theoretic Scheduling of Grid Computations	p. 451
Cooperative Game-Theory-Based Cost Optimization for Scientific Workflows	p. 475
Auction-Based Resource Allocation	p. 495
Two Auction-Based Resource Allocation Environments: Design and Experience	p. 513
Trust in Grid Resource Auctions	p. 541
Using Secure Auctions to Build a Distributed Metascheduler for the Grid	p. 569
The Gridbus Middleware for Market-Oriented Computing	p. 589
Index	p. 623
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Market-oriented Grid and Utility Computing

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