Change search
ReferencesLink to record
Permanent link

Direct link
Rational bidding using reinforcement learning: an application in automated resource allocation
SORMA.
SORMA.
SORMA.
SORMA.
Number of Authors: 4
2008 (English)Conference paper (Refereed)
Abstract [en]

The application of autonomous agents by the provisioning and usage of computational resources is an attractive research field. Various methods and technologies in the area of artificial intelligence, statistics and economics are playing together to achieve i) autonomic resource provisioning and usage of computational resources, to invent ii) competitive bidding strategies for widely used market mechanisms and to iii) incentivize consumers and providers to use such market-based systems. The contributions of the paper are threefold. First, we present a framework for supporting consumers and providers in technical and economic preference elicitation and the generation of bids. Secondly, we introduce a consumer-side reinforcement learning bidding strategy which enables rational behavior by the generation and selection of bids. Thirdly, we evaluate and compare this bidding strategy against a truth-telling bidding strategy for two kinds of market mechanisms – one centralized and one decentralized.

Place, publisher, year, edition, pages
2008, 1. , 16 p.
Keyword [en]
Bid Generation, Reinforcement learning, Service Provisioning and Usage, Grid Computing
National Category
Computer and Information Science
Identifiers
URN: urn:nbn:se:ri:diva-22953DOI: 10.1007/978-3-540-85485-2_6OAI: oai:DiVA.org:ri-22953DiVA: diva2:1042518
Conference
The 5th International Workshop on Grid Economics and Business Models (Gecon 2008)
Projects
SORMA
Available from: 2016-10-31 Created: 2016-10-31

Open Access in DiVA

fulltext(852 kB)2 downloads
File information
File name FULLTEXT01.pdfFile size 852 kBChecksum SHA-512
d2c9a06d49537ccb2a7089a7979239a56aa0f4ca17096b411d13672077e56e7157fb6fc0bc4ee96d7d095e5cc4471df39b8e8a2976344d8c18c19b8a697706fe
Type fulltextMimetype application/pdf

Other links

Publisher's full texthttp
Computer and Information Science

Search outside of DiVA

GoogleGoogle Scholar
Total: 2 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 2 hits
ReferencesLink to record
Permanent link

Direct link