Dynamic Pricing and Automated Resource Allocation for Complex Information Services : Reinforcement Learning and Combinatorial Auctions

Language: English

Published by Springer, 2007

3540680020 / 9783540680024

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - Many firms provide their customers with online information products which require limited resources such as server capacity. This book develops allocation mechanisms that aim to ensure an efficient resource allocation in modern IT-services. Recent methods of artificial intelligence, such as neural networks and reinforcement learning, and nature-oriented optimization methods, such as genetic algorithms and simulated annealing, are advanced and applied to allocation processes in distributed IT-infrastructures, e.g. grid systems. The author presents two methods, both of which using the users' willingness-to-pay to control the allocation process: The first approach uses a yield management method that tries to learn an optimal acceptance strategy for resource requests. The second method is a combinatorial auction able to deal with resource complementarities. The author finally generates a method to calculate dynamic resource prices, marking an important step towards the industrialization of grid systems. …

Seller Inventory # 9783540680024

Title
Dynamic Pricing and Automated Resource Allocation for Complex Information Services : Reinforcement Learning and Combinatorial Auctions
Author
Michael Schwind
Publisher
Springer
Publication year
2007
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3540680020
ISBN 13
9783540680024
Item weight
476 grams
Dimensions
235x155x17 mm

AHA-BUCH GmbH

Einbeck, Germany

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