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SORMA - business cases for an open grid market: concept and implementation
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Number of Authors: 8
2008 (English)Conference paper (Refereed)
Abstract [en]

Economic mechanisms enhance technological solutions by setting the right incentives to reveal information about demand and supply accurately. Market or pricing mechanisms are ones that foster information exchange and can therefore attain efficient allocation. By assigning a value (also called utility) to their service requests, users can reveal their relative urgency or costs to the service. The implementation of theoretical sound models induce further complex challenges. The EU-funded project SORMA analyzes these challenges and provides a prototype as a proof-of-concept. In this paper the approach within the SORMA-project is described on both conceptual and technical level.

Place, publisher, year, edition, pages
2008, 1. , 12 p.
Keyword [en]
Business case, Grid Computing, Market
National Category
Computer and Information Science
URN: urn:nbn:se:ri:diva-22952DOI: 10.1007/978-3-540-85485-2_14OAI: diva2:1042517
The 5th International Workshop on Grid Economics and Business Models (GECON 2008)
Available from: 2016-10-31 Created: 2016-10-31

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