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Knowledge based firms like IT companies do neither have a capital- nor a land intensive production. They predominantly rely on qualified labour and increasingly depend on the location of its (potential) employees. This would imply that firms follow its workers and not the other way around....
Persistent link: https://www.econbiz.de/10011566002
Research into computing resource markets has mainly considered the question of which market mechanism provides a fair resource allocation. It has not been discussed how a large variety of resource types influences the liquidity of resources in the market. Markets containing large numbers of...
Persistent link: https://www.econbiz.de/10008511391
Within this paper, we present the GridEcon Platform, a testbed for designing and evaluating economics-aware services in a commercial Cloud computing setting. The Platform is based on the idea that the exact working of such services is difficult to predict in the context of a market and,...
Persistent link: https://www.econbiz.de/10008511413
Cloud computing aims at allowing customers to utilize computational resources and software hosted by service providers. Thus, it shifts the complex and tedious resource and software management tasks typically done by customers to the service providers. Besides promising to eliminate these...
Persistent link: https://www.econbiz.de/10009394351