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What is Price Adjustments

Chapter 21
Handbook of Research on Scalable Computing Technologies
A control/ feed back structure that modulate grid resources price with a specific objective to benefits users and grid operatives; value depends of current tecnology or maket trend.
Published in Chapter:
A Fuzzy Real Option Model to Price Grid Compute Resources
David Allenotor (University of Manitoba, Canada), Ruppa K. Thulasiram (University of Manitoba, Canada), Kenneth Chiu (SUNY at Binghamton, USA), and Sameer Tilak (University of California at San Diego, USA)
Copyright: © 2010 |Pages: 15
DOI: 10.4018/978-1-60566-661-7.ch021
Abstract
A computational grid is a geographically disperssed heterogeneous computing facility owned by dissimilar organizations with diverse usage policies. As a result, guaranteeing grid resources availability as well as pricing them raises a number of challenging issues varying from security to management of the grid resources. In this chapter we design and develop a grid resources pricing model using a fuzzy real option approach and show that finance models can be effectively used to price grid resources.
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