Market-Based Resource Allocation for Utility Data Centers

This technical report concerns the application of market based control to dynamic resource allocation within a utility data center or other distributed computing infrastructure. The report is intended to do two things. First, it demonstrates a possible instantiation of the market paradigm in an outsourced-services context, describing a suitable market mechanism and exemplifying agent bidding algorithms; second, it provides evidence in the form of simulation results to support the argument that dynamic resource allocation in general, and marketbased resource allocation in particular, can contribute measurable value to business.