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Futuristic Cloud Market—Game Theoretic Equilibrium

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Proceedings of International Conference on Industrial Instrumentation and Control

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 815))

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Abstract

Recent development has initiated the importance of cloud computing platforms. Cloud is not merely used for data storage any more but computation platform has been an integral constituent of cloud systems. The day is not far away when there will be a futuristic cloud market where customers will have the provision of choosing among cloud providers. But then the question arises whether CP’s will compromise on QoS for penetrating into the market. We try to answer this question with a double-bargaining game where cloud providers do not have to sacrifice their Cournot equilibrium and the incentives which are required for their survival. This is a new area which we are trying to put in the Cloudnomics domain. Here, one side the customer will be increasing the bidding value and CP’s will reduce their incentive to an extent such that the successful negotiation can take place. Broker has to play a key role in the negotiation mechanism.

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Bose, A., Sarkar, P., Premananda, J. (2022). Futuristic Cloud Market—Game Theoretic Equilibrium. In: Bhaumik, S., Chattopadhyay, S., Chattopadhyay, T., Bhattacharya, S. (eds) Proceedings of International Conference on Industrial Instrumentation and Control. Lecture Notes in Electrical Engineering, vol 815. Springer, Singapore. https://doi.org/10.1007/978-981-16-7011-4_44

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  • DOI: https://doi.org/10.1007/978-981-16-7011-4_44

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-7010-7

  • Online ISBN: 978-981-16-7011-4

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