Algorithm Research & Explore
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App. Res. of Comp. Printed Article
Vol. 40, 2023 No. 11
3327-3332

Dynamic pricing approach for allocation of computing resources on cloud

Yang Bo1
Liu Wenbin1
Yang Han2
Zhong Minjuan1
Qu Xilong1
1. College of Information & Management, Hunan University of Finance & Economics, Changsha 410205, China
2. School of Information & Electronics, Beijing Institute of Technology, Beijing 100081, China
DOI: 10.19734/j.issn.1001-3695.2023.03.0116

Abstract

In the cloud market, the computing resource requirement of users usually fluctuates with the time change, and it might achieve undesired outcomes while carelessly considering the incentive of both the server and the user in such scenario. This paper investigated how to design a combinatorial auction mechanism to smooth user demand for improving resource ma-nagement and maximizing service revenue. The proposed mechanism allocated resources to users in a dynamic pricing method, which realized two attributes called envy-freeness and truthfulness. The envy-freeness ensured the stability of mechanism operation, while the truthfulness could maximize the service revenue. In addition, the proposed method has low computational complexity and is easy to be implemented. The experimental results show that the proposed method can obtain approximately optimal revenue and relatively high social welfare in both short and saturated markets.

Foundation Support

国家自然科学基金资助项目(71762017)
湖南省教育厅科学研究重点项目(19A077,20A081,21A0592)

Publish Information

DOI: 10.19734/j.issn.1001-3695.2023.03.0116
Publish at: Application Research of Computers Printed Article, Vol. 40, 2023 No. 11
Section: Algorithm Research & Explore
Pages: 3327-3332
Serial Number: 1001-3695(2023)11-019-3327-06

Publish History

[2023-06-01] Accepted Paper
[2023-11-05] Printed Article

Cite This Article

杨波, 刘文彬, 杨涵, 等. 云计算资源分配动态定价方法 [J]. 计算机应用研究, 2023, 40 (11): 3327-3332. (Yang Bo, Liu Wenbin, Yang Han, et al. Dynamic pricing approach for allocation of computing resources on cloud [J]. Application Research of Computers, 2023, 40 (11): 3327-3332. )

About the Journal

  • Application Research of Computers Monthly Journal
  • Journal ID ISSN 1001-3695
    CN  51-1196/TP

Application Research of Computers, founded in 1984, is an academic journal of computing technology sponsored by Sichuan Institute of Computer Sciences under the Science and Technology Department of Sichuan Province.

Aiming at the urgently needed cutting-edge technology in this discipline, Application Research of Computers reflects the mainstream technology, hot technology and the latest development trend of computer application research at home and abroad in a timely manner. The main contents of the journal include high-level academic papers in this discipline, the latest scientific research results and major application results. The contents of the columns involve new theories of computer discipline, basic computer theory, algorithm theory research, algorithm design and analysis, blockchain technology, system software and software engineering technology, pattern recognition and artificial intelligence, architecture, advanced computing, parallel processing, database technology, computer network and communication technology, information security technology, computer image graphics and its latest hot application technology.

Application Research of Computers has many high-level readers and authors, and its readers are mainly senior and middle-level researchers and engineers engaged in the field of computer science, as well as teachers and students majoring in computer science and related majors in colleges and universities. Over the years, the total citation frequency and Web download rate of Application Research of Computers have been ranked among the top of similar academic journals in this discipline, and the academic papers published are highly popular among the readers for their novelty, academics, foresight, orientation and practicality.

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