Economic models are found efficient in managing heterogeneous computer resources such as storage, CPU and memory for grid computing. Commodity market, double auction and contract-net-protocol economic models have been ...

Economic models can motivate resource providers to share resources across multiple administrations in Grid computing. Our survey on existing economic models in Grid computing identified that different economic models are ...

Economic-based resource management models are found to be efficient for distributed resource collaboration in the Grid. Due to the wide range of applications and dynamic nature of Grid resources, constant performance by a ...