Get Free Shipping on orders over $79
Dynamic Pricing and Automated Resource Allocation for Complex Information Services : Reinforcement Learning and Combinatorial Auctions - Michael Schwind

Dynamic Pricing and Automated Resource Allocation for Complex Information Services

Reinforcement Learning and Combinatorial Auctions

By: Michael Schwind

Paperback | 15 February 2007

At a Glance

Paperback


$199.00

or 4 interest-free payments of $49.75 with

 or 

Ships in 5 to 7 business days

Many firms provide their customers with online information products which require limited resources such as server capacity. This book develops allocation mechanisms that aim to ensure an efficient resource allocation in modern IT-services. Recent methods of artificial intelligence, such as neural networks and reinforcement learning, and nature-oriented optimization methods, such as genetic algorithms and simulated annealing, are advanced and applied to allocation processes in distributed IT-infrastructures, e.g. grid systems. The author presents two methods, both of which using the users' willingness-to-pay to control the allocation process: The first approach uses a yield management method that tries to learn an optimal acceptance strategy for resource requests. The second method is a combinatorial auction able to deal with resource complementarities. The author finally generates a method to calculate dynamic resource prices, marking an important step towards the industrialization of grid systems.

More in Economics

The Ultimate Hidden Truth of the World - David Graeber

RRP $26.99

$22.99

15%
OFF
Goliath's Curse : The History and Future of Societal Collapse - Luke Kemp
The Trading Game : A Confession - Gary Stevenson

RRP $26.99

$22.99

15%
OFF
Abundance : How We Build a Better Future - Ezra Klein

RRP $36.99

$29.75

20%
OFF
The Culture Code : The Secrets of Highly Successful Groups - Daniel Coyle
The Changing World Order : Why Nations Succeed or Fail - Ray Dalio
Psycho-Cybernetics (Updated and Expanded) : Psycho-cybernetics - Maxwell Maltz
Technofeudalism : What Killed Capitalism - Yanis Varoufakis

RRP $26.99

$22.99

15%
OFF
The Bookseller at the End of the World - Ruth Shaw

RRP $34.99

$28.75

18%
OFF
Retirement Made Simple - Noel Whittaker

RRP $34.99

$28.75

18%
OFF
Blindspotting : How to see what others miss - Kirstin Ferguson

SIGNED COPY

RRP $36.99

$26.75

28%
OFF
The Winner's Curse : Behavioral Economics Anomalies Then and Now - Richard H. Thaler
Bullshit Jobs : A Theory - David Graeber

RRP $26.99

$22.99

15%
OFF
Fed Up : A Chef's Adventures in Food, Farming and Feminism - Lucy Ridge