A note on federation management: autonomic resource allocation with economic-enhanced agents

In this paper, we propose an economic and management framework for autonomic resource allocation in federations. In the proposed approach resource allocation is based on a long-run cost-based pricing scheme. A significant consideration of the proposed approach is that resource sharing among federated domains exhibits substantial externalities or spillovers since decisions on resource levels made by a single domain affect all other network domains and their users. Then, we propose an integrated management framework based on economic-enhanced agents for implementing the proposed economic model.