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Since Grid computing systems involve large-scale resource sharing, resource management is central to their operations. Whereas there are more Grid resource management systems adopting auction, commodity market, and contract-net (tendering) models, this survey supplements and complements existing surveys by reviewing, comparing, and highlighting existing research initiatives on applying bargaining (negotiation) as a mechanism to Grid resource management. The contributions of this paper are: 1) discussing the motivations for considering bargaining models for Grid resource allocation; 2) discussing essential design considerations such as modeling devaluation of Grid resources, considering market dynamics, relaxing bargaining terms, and co-allocation of resources when building Grid negotiation mechanisms; 3) reviewing the strategies and protocols of state-of-the-art Grid negotiation mechanisms; 4) providing detailed comparisons and analyses on how state-of-the-art Grid negotiation mechanisms address the design considerations mentioned in 3); and 5) suggesting possible new directions.
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Kwang Mong Sim (2010) studied this question.
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