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Pricing Model for Dynamic Resource Overbooking in Edge Computing

delete2023-04-01
delete7
PRE
AI
Z
Zhiqing Tang
F
Fuming Zhang
X
Xiaojie Zhou
W
Weijia Jia *
W
Wei Zhao
DOI:10.1109/TCC.2022.3175610delete
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摘要

摘要

En 中文
Edge Computing (EC) with cloud-like Quality of Service (QoS) can find its wide applications in various resource-constrained smart cities where the resource requirements can be different during peak and off-peak periods. During off-peak periods, there are often many resources that have been requested but not used, which can be reused to obtain higher profit. However, to the best of our knowledge, there is no effective pricing model or overbooking mechanism in EC. To fill in this gap, a novel pricing model for dynamic resource overbooking is proposed in this paper, specifically: 1) To meet the needs of different users in EC, methods of on-demand, daily, auction, and the new spot billing are designed, in which resources can be overbooked. 2) An auction approach with pricing rule and winner determination rule is designed for auction billing, which is proved to guarantee individual rationality, computational efficiency, and truthfulness. 3) To make more use of the auction approach to utilize idle resources, a dynamic resource overbooking mechanism is introduced, including a cancellation policy and a resource prediction method. The mechanism is validated with real-world data-trace. Experimental results show that the dynamic resource overbooking mechanism maximizes the profit of edge nodes with a high QoS Satisfaction ratio of on-demand and daily billing.
Keyword:
Auction
edge computing
pricing model
resource overbooking

期刊

I
IEEE Transactions on Cloud Computing
IF:
5
论文数:
1.9K
被引数:
4.3K

机构

B
Beijing Normal University
学者数:
3.3W
论文数: 2.7W
被引数: 4.2W
S
shanghai jiao tong university
学者数:
15.7W
论文数: 11.7W
被引数: 159
C
chinese academy of sciences
学者数:
56.7W
论文数: 45.0W
被引数: 704
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