loading...
 This Article 
   
 Share 
   
 Bibliographic References 
   
 Add to: 
 
Digg
Furl
Spurl
Blink
Simpy
Google
Del.icio.us
Y!MyWeb
 
 Search 
   
Sixth International Conference on Grid and Cooperative Computing (GCC 2007)
Reputation-aware Transaction Mechanisms in Grid Resource Market
Urumchi, Xinjiang, China
August 16-August 18
ISBN: 0-7695-2871-6
Weina Lu, University of Science and Technology of China
Shoubao Yang, University of Science and Technology of China
Leitao Guo, University of Science and Technology of China
Rui Zhang, University of Science and Technology of China
In the grid resource market, there is a severe information asymmetry problem between the resource providers and the resource consumers. It leads to dishonest trades and results in the great loss of the resource consumers. We propose two mechanisms named reputation-aware aggregate mechanism and reputation-aware double auction mechanism to solve this problem: a resource provider?s reputation value reflects the reliability of its resources; our mechanisms decide the trades between resource providers and consumers in terms of both reputation and price. The simulation results show that the reputation-aware aggregate mechanism and the reputation-aware double auction mechanism can both obviously decrease the loss of the resource consumers. The latter is more flexible and it reflects the traders? wish better than the former at the expense of slightly reducing the honest deal times. They are efficient methods to solve the information asymmetry problem.
Citation:
Weina Lu, Shoubao Yang, Leitao Guo, Rui Zhang, "Reputation-aware Transaction Mechanisms in Grid Resource Market," gcc, pp.154-159, Sixth International Conference on Grid and Cooperative Computing (GCC 2007), 2007
Usage of this product signifies your acceptance of the Terms of Use.