CAPM Indexed Hybrid E-Negotiation for Resource Allocation in Grid Computing

Computational Grids are a promising platform for executing large-scale resource intensive applications. This paper identifies challenges in managing resources in a Grid computing environment and proposes computational economy as a metaphor for effective management of resources and application scheduling. It identifies distributed resource management challenges and requirements of economy-based Grid systems, and proposes an economy based negotiation system protocol for cooperative and competitive trading of resources. Dynamic pricing for services and good level of Pareto optimality make auctions more attractive for resource allocation over other economic models. In a complex Grid environment, the communication demand can become a bottleneck; that is, a number of messages need to be exchanged for matching suitable service providers and consumers. The Fuzzy Trust integrated hybrid Capital Asset Pricing Model (CAPM) shows the higher user centric satisfaction and provides the equilibrium relationship between the expected return and risk on investments. This paper also presents an analysis on the communication requirements and the necessity of the CAPMAuction in Grid environment. CAPM Indexed Hybrid E-Negotiation for Resource Allocation in Grid Computing