A Resource Allocation Scheme with the Best Revenue in the Computing Power Network

The emergence of computing power networks has improved the flexibility of resource scheduling. Considering the current trading scenario of computing power and network resources, most resources are no longer subject to change after being allocated to users until the end of the lease. However, this pr...

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Main Authors: Zuhao Wang, Yanhua Yu, Di Liu, Wenjing Li, Ao Xiong, Yu Song
Format: Article
Language:English
Published: MDPI AG 2023-04-01
Series:Electronics
Subjects:
Online Access:https://www.mdpi.com/2079-9292/12/9/1990
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author Zuhao Wang
Yanhua Yu
Di Liu
Wenjing Li
Ao Xiong
Yu Song
author_facet Zuhao Wang
Yanhua Yu
Di Liu
Wenjing Li
Ao Xiong
Yu Song
author_sort Zuhao Wang
collection DOAJ
description The emergence of computing power networks has improved the flexibility of resource scheduling. Considering the current trading scenario of computing power and network resources, most resources are no longer subject to change after being allocated to users until the end of the lease. However, this practice often leads to idle resources during resource usage. To optimize resource allocation, a trading mechanism is needed to encourage users to sell their idle resources. The Myerson auction mechanism precisely aims to maximize the seller’s benefits. Therefore, we propose a resource allocation scheme based on the Myerson auction. In the scenario of the same user bidding distribution, we first combine the Myerson auction with Hyperledger Fabric by introducing a reserved price, which creates conditions for the application of blockchain in auction scenarios. Regarding different user bidding distributions, we propose a Myerson auction network model based on clustering algorithms, which makes the auction adaptable to more complex scenarios. The experimental findings show that the revenue generated by the auction model in both scenarios is significantly higher than that of the traditional sealed bid second-price auction, and can approach the expected revenue in the real Myerson auction scenario.
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spelling doaj.art-6964d2f755fe47e5a7d97a8c8bd336b92023-11-17T22:47:13ZengMDPI AGElectronics2079-92922023-04-01129199010.3390/electronics12091990A Resource Allocation Scheme with the Best Revenue in the Computing Power NetworkZuhao Wang0Yanhua Yu1Di Liu2Wenjing Li3Ao Xiong4Yu Song5State Key Laboratory of Network and Switching Technology, Beijing University of Posts and Telecommunications, Beijing 100876, ChinaState Key Laboratory of Network and Switching Technology, Beijing University of Posts and Telecommunications, Beijing 100876, ChinaState Grid Information & Telecommunications Group Co., Ltd., Beijing 102209, ChinaState Grid Information & Telecommunications Group Co., Ltd., Beijing 102209, ChinaState Key Laboratory of Network and Switching Technology, Beijing University of Posts and Telecommunications, Beijing 100876, ChinaState Key Laboratory of Network and Switching Technology, Beijing University of Posts and Telecommunications, Beijing 100876, ChinaThe emergence of computing power networks has improved the flexibility of resource scheduling. Considering the current trading scenario of computing power and network resources, most resources are no longer subject to change after being allocated to users until the end of the lease. However, this practice often leads to idle resources during resource usage. To optimize resource allocation, a trading mechanism is needed to encourage users to sell their idle resources. The Myerson auction mechanism precisely aims to maximize the seller’s benefits. Therefore, we propose a resource allocation scheme based on the Myerson auction. In the scenario of the same user bidding distribution, we first combine the Myerson auction with Hyperledger Fabric by introducing a reserved price, which creates conditions for the application of blockchain in auction scenarios. Regarding different user bidding distributions, we propose a Myerson auction network model based on clustering algorithms, which makes the auction adaptable to more complex scenarios. The experimental findings show that the revenue generated by the auction model in both scenarios is significantly higher than that of the traditional sealed bid second-price auction, and can approach the expected revenue in the real Myerson auction scenario.https://www.mdpi.com/2079-9292/12/9/1990resource allocationauction mechanismblockchaindeep learningclustering algorithm
spellingShingle Zuhao Wang
Yanhua Yu
Di Liu
Wenjing Li
Ao Xiong
Yu Song
A Resource Allocation Scheme with the Best Revenue in the Computing Power Network
Electronics
resource allocation
auction mechanism
blockchain
deep learning
clustering algorithm
title A Resource Allocation Scheme with the Best Revenue in the Computing Power Network
title_full A Resource Allocation Scheme with the Best Revenue in the Computing Power Network
title_fullStr A Resource Allocation Scheme with the Best Revenue in the Computing Power Network
title_full_unstemmed A Resource Allocation Scheme with the Best Revenue in the Computing Power Network
title_short A Resource Allocation Scheme with the Best Revenue in the Computing Power Network
title_sort resource allocation scheme with the best revenue in the computing power network
topic resource allocation
auction mechanism
blockchain
deep learning
clustering algorithm
url https://www.mdpi.com/2079-9292/12/9/1990
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