Using a Market Economy to Provision Compute Resources Across Planet-wide Clusters

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Citation: Murray Stokely, Jim Winget, Ed Keyes, Carrie Grimes, Benjamin Yolken (2009) Using a Market Economy to Provision Compute Resources Across Planet-wide Clusters.
Internet Archive Scholar (search for fulltext): Using a Market Economy to Provision Compute Resources Across Planet-wide Clusters
Wikidata (metadata): Q61750282
Download: https://ai.google/research/pubs/pub35115
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Summary

Describe a system for market allocation of computational resources within Google, with the following pricing requirements:

  • clear signal; final prices are uniform and linear, ie same price per unit
  • fair; allocation determined by bidding too little or too much rather than operator preferences
  • computational tractability

An ascending clock auction was implemented and resulted in improvements in overall utilization.