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Econ 101 for Cloud Enthusiasts
January/February 2012 (vol. 14 no. 1)
pp. 12-15
Phillip A. Laplante, Pennsylvania State University

The collection of clouds available to us represents a marketplace, just like any other. How do the rules of economic markets apply to the cloud? And how can we keep this new market in check?

1. C. Wheelen and B. Malkiel, Naked Economics: Undressing the Dismal Science, W.W. Norton & Company, 2010.
2. M. Porter, Competitive Strategy: Techniques for Analysing Industries and Competitors, Free Press, 1998.
3. P. Mell and T. Grance, "The NIST Definition of Cloud Computing," NIST special publication 800-145, Sept. 2011; http://csrc.nist.gov/publications/nistpubs/ 800-145SP800-145.pdf.
4. F.Y. Rashid, "DoD's DARPA Plans Resilient Cloud to Withstand Cyber-Attacks," eWeek.com, 17 May 2011; www.eweek.com/c/a/SecurityDoDs-DARPA-Plans-Resilient-Cloud-to-Withstand-CyberAttacks-826868 .
5. J. Voas, "Software Certification Laboratories: To Be or Not to Be Liable?" Crosstalk, Apr. 1998, pp. 21–23.

Index Terms:
Keywords: Cloud computing, economics, information technology
Citation:
Phillip A. Laplante, "Econ 101 for Cloud Enthusiasts," IT Professional, vol. 14, no. 1, pp. 12-15, Jan.-Feb. 2012, doi:10.1109/MITP.2012.5
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