A futures market-based model for dynamic network resource allocation

Masayuki Ishinishi; Yuhsuke Koyama; Hiroshi Deguchi; Hajime Kita

doi:10.1007/BF03037649

A futures market-based model for dynamic network resource allocation

Masayuki Ishinishi, Yuhsuke Koyama, Hiroshi Deguchi, Hajime Kita

Research output: Contribution to specialist publication › Article

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 language	English
Pages	43-56
Number of pages	14
Volume	23
No.	1
Specialist publication	New Generation Computing
DOIs	https://doi.org/10.1007/BF03037649
Publication status	Published - 2005 Dec 1
Externally published	Yes

Keywords

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

ASJC Scopus subject areas

Software
Theoretical Computer Science
Hardware and Architecture
Computer Networks and Communications

Access to Document

10.1007/BF03037649

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Ishinishi, M., Koyama, Y., Deguchi, H., & Kita, H. (2005). A futures market-based model for dynamic network resource allocation. New Generation Computing, 23(1), 43-56. https://doi.org/10.1007/BF03037649

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