3 research outputs found
A Grey-Box Approach to Automated Mechanism Design
Auctions play an important role in electronic commerce, and have been used to
solve problems in distributed computing. Automated approaches to designing
effective auction mechanisms are helpful in reducing the burden of traditional
game theoretic, analytic approaches and in searching through the large space of
possible auction mechanisms. This paper presents an approach to automated
mechanism design (AMD) in the domain of double auctions. We describe a novel
parametrized space of double auctions, and then introduce an evolutionary
search method that searches this space of parameters. The approach evaluates
auction mechanisms using the framework of the TAC Market Design Game and
relates the performance of the markets in that game to their constituent parts
using reinforcement learning. Experiments show that the strongest mechanisms we
found using this approach not only win the Market Design Game against known,
strong opponents, but also exhibit desirable economic properties when they run
in isolation.Comment: 18 pages, 2 figures, 2 tables, and 1 algorithm. Extended abstract to
appear in the proceedings of AAMAS'201
A heuristic approach for the allocation of resources in large-scale computing infrastructures
An increasing number of enterprise applications are intensive in their consumption of IT, but are infrequently used. Consequently, organizations either host an oversized IT infrastructure or they are incapable of realizing the benefits of new applications. A solution to the challenge is provided by the large-scale computing infrastructures of Clouds and Grids which allow resources to be shared. A major challenge is the development of mechanisms that allow efficient sharing of IT resources. Market mechanisms are promising, but there is a lack of research in scalable market mechanisms. We extend the Multi-Attribute Combinatorial Exchange mechanism with greedy heuristics to address the scalability challenge. The evaluation shows a trade-off between efficiency and scalability. There is no statistical evidence for an influence on the incentive properties of the market mechanism. This is an encouraging result as theory predicts heuristics to ruin the mechanism’s incentive properties. Copyright © 2015 John Wiley & Sons, Ltd
Market-Based Scheduling in Distributed Computing Systems
In verteilten Rechensystemen (bspw. im Cluster und Grid Computing) kann eine Knappheit der zur Verfügung stehenden Ressourcen auftreten. Hier haben Marktmechanismen das Potenzial, Ressourcenbedarf und -angebot durch geeignete Anreizmechanismen zu koordinieren und somit die ökonomische Effizienz des Gesamtsystems zu steigern. Diese Arbeit beschäftigt sich anhand vier spezifischer Anwendungsszenarien mit der Frage, wie Marktmechanismen für verteilte Rechensysteme ausgestaltet sein sollten