Resource AllocationSystem

Title: Resource AllocationSystem

Main Research Question: How can a market-based distributed resource allocation system improve economic efficiency, utilization, latency, risk, and fairness in peer-to-peer clusters like the Grid and PlanetLab?

Methodology: The researchers designed and implemented Tycoon, a market-based distributed resource allocation system. They used an Auction Share scheduling algorithm to create low latency and high fairness while providing incentives for truth-telling on the part of strategic users.

Results: Preliminary results showed that Tycoon achieved low latency and high fairness while providing incentives for truth-telling on the part of strategic users.

Implications: The key problem for sharing resources in distributed systems is allocation. Existing solutions are not economically efficient and require high latency to acquire resources. Tycoon, a market-based distributed resource allocation system, can improve economic efficiency, utilization, latency, risk, and fairness in peer-to-peer clusters like the Grid and PlanetLab. This can lead to increased throughput, lower costs, and better reliability for users.

Link to Article: https://arxiv.org/abs/0404013v1 Authors: arXiv ID: 0404013v1