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Trading Service Level Agreements within a Peer-to-Peer market

Petri, Ioan ORCID: https://orcid.org/0000-0002-1625-8247, Silaghi, Gheorghe Cosmin and Rana, Omer Farooq ORCID: https://orcid.org/0000-0003-3597-2646 2010. Trading Service Level Agreements within a Peer-to-Peer market. Presented at: 2010 11th IEEE/ACM International Conference on Grid Computing (GRID), Brussels, Belgium, 25-28 October 2010. Published in: Lefevre, L. ed. Proceedings of the 2010 11th IEEE/ACM International Conference on Grid Computing. Los Alamitos, CA: IEEE, pp. 242-251. 10.1109/GRID.2010.5697974

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Abstract

Peer-to-Peer networks provide an important abstraction for modelling the trade of capabilities within a market environment. We consider a particular instance of such a market, where the traded object includes directly provisioned services (i.e. those that are delivered through capabilities directly owned by the provider), or indirectly provisioned services (i.e. those that are delivered through an alternative provider). As a Service Level Agreement (SLA) represents a contract to deliver capability at some point in the future, we use an SLA as a tradeable object whose value can fluctuate. We describe how a variation in value of an SLA can influence the overall “welfare” within a Peer-to-Peer system, and how such value is dependent on the overall demand for services and the redemption time associated with the SLA.

Item Type: Conference or Workshop Item (Paper)
Date Type: Publication
Status: Published
Schools: Computer Science & Informatics
Subjects: Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Uncontrolled Keywords: Complementary currency , P2P market simulation , electronic markets
Publisher: IEEE
ISBN: 9781424493487
Last Modified: 20 Oct 2022 08:11
URI: https://orca.cardiff.ac.uk/id/eprint/27544

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