Dynamic Pricing and Automated Resource Allocation for Complex Information Services (Paperback)

Michael Schwind

ISBN 10: 3540680020 / ISBN 13: 9783540680024

Editore: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Berlin, 2007

Riguardo questo articolo

Paperback. Many firms provide their customers with online information products which require limited resources such as server capacity. This book develops allocation mechanisms that aim to ensure an efficient resource allocation in modern IT-services. Recent methods of artificial intelligence, such as neural networks and reinforcement learning, and nature-oriented optimization methods, such as genetic algorithms and simulated annealing, are advanced and applied to allocation processes in distributed IT-infrastructures, e.g. grid systems. The author presents two methods, both of which using the users willingness-to-pay to control the allocation process: The first approach uses a yield management method that tries to learn an optimal acceptance strategy for resource requests. The second method is a combinatorial auction able to deal with resource complementarities. The author finally generates a method to calculate dynamic resource prices, marking an important step towards the industrialization of grid systems. The author presents two methods, both of which using the users willingness-to-pay to control the allocation process: The first approach uses a yield management method that tries to learn an optimal acceptance strategy for resource requests. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

Codice articolo 9783540680024

Dati bibliografici

• Titolo: Dynamic Pricing and Automated Resource Allocation for Complex Information Services (Paperback)
• Editore: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Berlin
• Data di pubblicazione: 2007
• Lingua: Inglese
• ISBN 10: 3540680020
• ISBN 13: 9783540680024
• Rilegatura: Paperback
• Condizione: new

Descrizione articolo

Riassunto

This book develops allocation mechanisms that aim to ensure an efficient resource allocation in modern IT-services. Recent methods of artificial intelligence, such as neural networks and reinforcement learning, and nature-oriented optimization methods, such as genetic algorithms and simulated annealing, are advanced and applied to allocation processes in distributed IT-infrastructures, or grid systems.

Contenuti

Dynamic Pricing and Automated Resource Allocation.- Empirical Assessment of Dynamic Pricing Preference.- Reinforcement Learning for Dynamic Pricing and Automated Resource Allocation.- Combinatorial Auctions for Resource Allocation.- Dynamic Pricing and Automated Resource Allocation Using Combinatorial Auctions.- Comparison of Reinforcement Learning and Combinatorial Auctions.