{"title":"云计算现货实例的定价与投标策略","authors":"Jiayi Song, R. Guérin","doi":"10.1109/INFCOMW.2017.8116453","DOIUrl":null,"url":null,"abstract":"We consider a cloud service based on spot instances and explore bidding and pricing strategies aimed at optimizing users' utility and provider's revenue, respectively. Our focus is on jobs that are heterogeneous in both valuation and sensitivity to execution delay. Of particular interest is the impact of correlation in these two dimensions. We characterize optimal bidding and pricing strategies under some simplifying assumptions, and more importantly highlight the impact of correlation in determining the benefits of a spot service over an on-demand service. We also provide a preliminary assessment of the results' robustness under more general assumptions.","PeriodicalId":306731,"journal":{"name":"2017 IEEE Conference on Computer Communications Workshops (INFOCOM WKSHPS)","volume":"36 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"11","resultStr":"{\"title\":\"Pricing and bidding strategies for cloud computing spot instances\",\"authors\":\"Jiayi Song, R. Guérin\",\"doi\":\"10.1109/INFCOMW.2017.8116453\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We consider a cloud service based on spot instances and explore bidding and pricing strategies aimed at optimizing users' utility and provider's revenue, respectively. Our focus is on jobs that are heterogeneous in both valuation and sensitivity to execution delay. Of particular interest is the impact of correlation in these two dimensions. We characterize optimal bidding and pricing strategies under some simplifying assumptions, and more importantly highlight the impact of correlation in determining the benefits of a spot service over an on-demand service. We also provide a preliminary assessment of the results' robustness under more general assumptions.\",\"PeriodicalId\":306731,\"journal\":{\"name\":\"2017 IEEE Conference on Computer Communications Workshops (INFOCOM WKSHPS)\",\"volume\":\"36 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2017-05-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"11\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2017 IEEE Conference on Computer Communications Workshops (INFOCOM WKSHPS)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/INFCOMW.2017.8116453\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2017 IEEE Conference on Computer Communications Workshops (INFOCOM WKSHPS)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/INFCOMW.2017.8116453","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Pricing and bidding strategies for cloud computing spot instances
We consider a cloud service based on spot instances and explore bidding and pricing strategies aimed at optimizing users' utility and provider's revenue, respectively. Our focus is on jobs that are heterogeneous in both valuation and sensitivity to execution delay. Of particular interest is the impact of correlation in these two dimensions. We characterize optimal bidding and pricing strategies under some simplifying assumptions, and more importantly highlight the impact of correlation in determining the benefits of a spot service over an on-demand service. We also provide a preliminary assessment of the results' robustness under more general assumptions.
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