A Market-Based Pricing Scheme for Grid Networks

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Abstract

This paper presents a new market-based pricing scheme which aims to improve the link load balance in Grid networks. Simulation results show that the proposed scheme achieves a better link load balance and, thus, improves the network’s robustness and stability. At the same time, the scheme increases the network’s effective capacity as it enables to accommodate more new services. The results show that the proposed scheme leads indeed to a more efficient usage of network resources.