A dynamical model of a GRID market

We discuss potential market mechanisms for the GRID. A complete dynamical model of a GRID market is defined with three types of agents. Providers, middlemen and users exchange universal GRID computing units (GCUs) at varying prices. Providers and middlemen have strategies aimed at maximizing profit while users are 'satisficing' agents, and only change their behavior if the service they receive is sufficiently poor or overpriced. Preliminary results from a multi-agent numerical simulation of the market model shows that the distribution of price changes has a power law tail.Comment: 4 pages, 3 figure

A peer-to-peer Market for Grid Computing

In one of the latest developments in Grid Computing Peer-to-Peer (P2P) networks have become fashionable for the Grid system architecture. The current implementations are either Data Grids or CPU sharing Grids. In this paper we begin to investigate how a P2P network can behave as CPU sharing Grid. In our model the nodes of the network are very simple and either require or offer service for the exchange of money. In our we would like to investigate for instance how the nature of P2P overlay network affects this Grid economy.