Truthful mechanism design for bin packing with applications on cloud computing

Deshi Ye (), Feng Xie () and Guochuan Zhang ()
Additional contact information
Deshi Ye: Zhejiang University
Feng Xie: Zhejiang University
Guochuan Zhang: Zhejiang University

Journal of Combinatorial Optimization, No 0, 22 pages

Abstract: Abstract In this paper, we study a mechanism design for the bin packing problem, which can model a reversed auction on cloud computing. A cloud computing platform has a set of jobs and would like to rent VM instances to process these jobs from cloud providers. In the auction model, each cloud provider (agent) who owns VM instances will submit a bid on the costs for using such VM instances. The mechanism determines the number of VM instances from each agent, and payments that have to be paid for using the chosen VM instances. The utility of an agent is the payment received minus the true cost. Our proposed mechanism is a deterministic truthful mechanism that the utility of each agent is maximized by revealing the true cost. Next, we provide the analysis of the approximation ratios, and then run experiments using both realistic workload and uniformly random data to show the performance of the proposed mechanisms.

Keywords: Auction and mechanism design; Approximation ratio; Multi-dimensional bin packing (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10878-020-00601-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jcomop:v::y::i::d:10.1007_s10878-020-00601-4

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/10878

DOI: 10.1007/s10878-020-00601-4

Access Statistics for this article

Journal of Combinatorial Optimization is currently edited by Thai, My T.

More articles in Journal of Combinatorial Optimization from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().