Abstract

Service Oriented Computing has a deep impact on how IT infrastructures are conceived both in academia (e-science) and in industry (Service Oriented Architecture and commercial Web Services). Increasingly, economic models are being considered as suitable coordination mechanism for the management of service allocations to clients. However, few complete infrastructures have demonstrated the enabling of economics-based Service Oriented Grids (SOGs). The authors propose a complete infrastructure for economics-based SOGs and demonstrate its application in a prototype. They conduct experiments showing that practical agent-based automatic and fair trading of services at stable prices can be achieved using the proposed infrastructure.

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