A novel virtual resource pricing policy based on game model in federated clouds Online publication date: Tue, 03-Mar-2020
by Yuan Tian
International Journal of Networking and Virtual Organisations (IJNVO), Vol. 22, No. 2, 2020
Abstract: In recent years, more and more cloud providers are unified together to form a federated cloud market, where a suitable pricing strategy plays a key role to help they attracting more users. However, many existing pricing policies can not deal with the competition between different cloud providers. In this study, we take efforts on the resource pricing policy in federated cloud market. To obtain an optimal pricing scheme among multiple IaaS providers (ISPs), we firstly use the learning curve model to model the production supply behaviours of ISPs, and then we use a standard Markov decision process to describe the pricing game model and present an efficient algorithm to solve this game model in a distributed manner. The proposed pricing model has been fully investigated and evaluated in a real-world federated cloud platform, and the results indicate that it can significantly improve the profits of ISPs comparing to several existing pricing mechanisms.
Online publication date: Tue, 03-Mar-2020
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Networking and Virtual Organisations (IJNVO):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com