A futures market-based model for dynamic network resource allocation

Masayuki Ishinishi, Yusuke Koyama, Hiroshi Deguchi, Hajime Kita

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

Management of telecommunication network requires quick, continuous and decentralized allocation of network bandwidth to various sorts of demands. So as to achieve the efficient network resource allocation, this paper describes a market-based model combining futures market with the agent-based approach. That is, utilization time is divided into many time-slots, and futures markets in hereafter use of bandwidth are opened. In our model, all market participants (software agents) observe only market prices and decide to buy or sell bandwidth trying to maximize their utilities over time so that they can secure enough network resources. The authors discuss network resource allocation through simulation using the proposed model.

Original languageEnglish
Pages (from-to)43-56
Number of pages14
JournalNew Generation Computing
Volume23
Issue number1
DOIs
Publication statusPublished - 2005
Externally publishedYes

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Keywords

  • Futures Market
  • Market-based Model
  • Multi-agent System
  • Network Resource Allocation

ASJC Scopus subject areas

  • Hardware and Architecture
  • Theoretical Computer Science
  • Computational Theory and Mathematics

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