Optimal Pricing for Resource Management in IaaS Cloud

DOI

10.2991/iwmecs-18.2018.93How to use a DOI?

Keywords

cloud computing; pricing schemes; resource allocation; revenue; utility

Abstract

In cloud computing environment, pricing is an effective method for resource allocation and it provides efficient incentive for cloud providers to provide cloud services. In this paper, we investigate two pricing schemes for the allocation of cloud resources in a monopoly cloud market subject to constrained capacity of the cloud provider. There are two main pricing schemes, on-demand and reserved pricing mechanisms adopted by leading cloud providers, i.e., Amazon and Gogrid. We analyze how cloud users make their choice decisions to subscribe to cloud resources under different pricing schemes.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhengce Cai
AU  - Guolong Chen
AU  - Huijun Yang
AU  - Xianwei Li
PY  - 2018/04
DA  - 2018/04
TI  - Optimal Pricing for Resource Management in IaaS Cloud
BT  - Proceedings of the 2018 3rd International Workshop on Materials Engineering and Computer Sciences (IWMECS 2018)
PB  - Atlantis Press
SP  - 442
EP  - 447
SN  - 2352-538X
UR  - https://doi.org/10.2991/iwmecs-18.2018.93
DO  - 10.2991/iwmecs-18.2018.93
ID  - Cai2018/04
ER  -