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USITS 2001 Abstract
On-Line Markets for Distributed Object Services: the MAJIC system
Lior Levy, Liad Blumrosen, and Noam Nisan, The Hebrew University of Jerusalem
Abstract
We describe a general-purpose architecture for applying economic mechanisms
for resource allocation in distributed systems. Such economic mechanisms
are required in settings such as the Internet, where resources belong to
different owners. Our architecture is built above standard distributed-object
frameworks, and provides a ``market'' for arbitrary distributed object
resources. We first describe the abstract elements and properties of an
architecture that can be applied over essentially any distributed object-based
platform. We then describe the MAJIC
system that we have implemented over Suns' Jini platform. A key novel aspect
of our system is that it handles multiple parameters in the allocation
and in the specification of utilities and costs for each distributed service.
We provide both theoretical and experimental results showing the following
three key properties of this system: (1) Efficient resource allocation.
(2) Motivation for resource owners to share them with others. (3) Load
balancing.
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