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Market-Based Approaches to Utility Computing
Low, Colin; Byde, Andrew
HPL-2006-23
Keyword(s): utility computing; market-based control
Abstract: Utility Computing is a means to purchase computational resources on demand. We believe the fluctuating nature of demand for these services makes it appropriate to analyse the problems of dynamic resource provision using concepts and techniques derived from microeconomics. This document is an overview of our approach and is intended for the non-technical reader.
10 Pages
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