6th International Conference on Performance Evaluation Methodologies and Tools

Research Article

Towards Truthful Resource Reservation in Cloud Computing

Download310 downloads
  • @INPROCEEDINGS{10.4108/valuetools.2012.250173,
        author={Daniel Funke and Fabian Brosig and Michael Faber},
        title={Towards Truthful Resource Reservation in Cloud Computing},
        proceedings={6th International Conference on Performance Evaluation Methodologies and Tools},
        publisher={IEEE},
        proceedings_a={VALUETOOLS},
        year={2012},
        month={11},
        keywords={cloud computing resource reservation mechanism design truthfulness game theory},
        doi={10.4108/valuetools.2012.250173}
    }
    
  • Daniel Funke
    Fabian Brosig
    Michael Faber
    Year: 2012
    Towards Truthful Resource Reservation in Cloud Computing
    VALUETOOLS
    ICST
    DOI: 10.4108/valuetools.2012.250173
Daniel Funke1,*, Fabian Brosig1, Michael Faber1
  • 1: Karlsruhe Institute of Technology
*Contact email: daniel.funke@ieee.org

Abstract

Prudent capacity planning to meet their clients future computational needs is one of the major issues cloud computing providers face today. By offering resource reservations in advance, providers gain insight into the projected demand of their customers and can act accordingly. However, customers need to be given an incentive, e.g. discounts granted, to commit early to a provider and to honestly, i.e. truthfully, reserve their predicted future resource requirements. Customers may reserve capacity deviating from their truly predicted demand, in order to exploit the mechanism for their own benefit, thereby causing futile costs for the provider.