Economics of Grids, Clouds, Systems, and Services

1. Front Matter

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2. Session A: Market Mechanisms and Negotiation

   1. An Inspiration for Solving Grid Resource Management Problems Using Multiple Economic Models

      • Aminul Haque, Saadat M. Alhashmi, Rajendran Parthiban

      Pages 1-16

   2. Concurrent Negotiations in Cloud-Based Systems

      • Melanie Siebenhaar, The An Binh Nguyen, Ulrich Lampe, Dieter Schuller, Ralf Steinmetz

      Pages 17-31

   3. A Reverse Auction Market for Cloud Resources

      • Joris Roovers, Kurt Vanmechelen, Jan Broeckhove

      Pages 32-45

3. Session B: Cost Models, Charging, and Trading Platforms

   1. A Cost Model for Hybrid Clouds

      • Mohammad Mahdi Kashef, Jörn Altmann

      Pages 46-60

   2. How to Do Successful Chargeback for Cloud Services

      • Hristo Stefanov, Slinger Jansen, Ronald Batenburg, Eugene van Heusden, Ravi Khadka

      Pages 61-75

   3. A Marketplace Framework for Trading Cloud-Based Services

      • Andreas Menychtas, Sergio Garcia Gomez, Andrea Giessmann, Anna Gatzioura, Katarina Stanoevska, Jürgen Vogel et al.

      Pages 76-89

4. Session C: Resource Allocation, Scheduling, and Admission Control

   1. Client Classification Policies for SLA Negotiation and Allocation in Shared Cloud Datacenters

      • Mario Macías, Jordi Guitart

      Pages 90-104

   2. Budget-Deadline Constrained Workflow Planning for Admission Control in Market-Oriented Environments

      • Wei Zheng, Rizos Sakellariou

      Pages 105-119

   3. Virtual Machine Placement for Predictable and Time-Constrained Peak Loads

      • Wubin Li, Johan Tordsson, Erik Elmroth

      Pages 120-134

5. Session D: Work in Progress: Risk Assessment and Economics of Cloud Services

   1. Risk Assessment in Service Provider Communities

      • Ioan Petri, Omer F. Rana, Yacine Rezgui, Gheorghe Cosmin Silaghi

      Pages 135-147

   2. A Game-Theoretical Approach to the Benefits of Cloud Computing

      • Jörn Künsemöller, Holger Karl

      Pages 148-160

6. Session E: Work in Progress: Cost-Aware Adoption of Cloud Services

   1. Planning for Optimal Multi-site Data Distribution for Disaster Recovery

      • Shubhashis Sengupta, K. M. Annervaz

      Pages 161-172

   2. Saga: A Cost Efficient File System Based on Cloud Storage Service

      • Wei Shi, Dapeng Ju, Dongsheng Wang

      Pages 173-184

   3. Developing a Cost-Effective Virtual Cluster on the Cloud

      • A. Stephen McGough

      Pages 185-197

   4. Erratum: Risk Assessment in Service Provider Communities

      • Ioan Petri, Omer F. Rana, Yacine Rezgui, Gheorghe Cosmin Silaghi

      Pages E1-E1

7. Back Matter

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This book constitutes the refereed post-proceedings of the 8th International Workshop on Economics of Grids, Clouds, Systems, and Services, GECON 2011, held in Paphos, Cyprus, in December 2011. The 9 revised full papers presented together with 5 work in progress papers were carefully reviewed and selected from 27 papers. The papers are organized in topical sections on market mechanisms and negotiation; cost models, charging, and trading platforms; resource allocation, scheduling, and admission control; and two work in progress sections: risk assessment and economics of cloud services; and cost-aware adoption of cloud services.

• cloud computing
• cloud services
• eBusiness
• grid technology
• risk assessment

• Department of Mathematics and Computer Science, University of Antwerp, Antwerp, Belgium

  Kurt Vanmechelen

• College of Engineering, Department of Industrial Engineering, Technology Management, Economics, and Policy Program, Seoul National University, Seoul, South-Korea

  Jörn Altmann

• School of Computer Science, Cardiff University, Cardiff, UK

  Omer F. Rana

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