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Journal ArticleDOI

Auction Mechanisms Toward Efficient Resource Sharing for Cloudlets in Mobile Cloud Computing

TLDR
A feasible and truthful incentive mechanism (TIM), to coordinate the resource auction between mobile devices as service users (buyers) and cloudlets as service providers (sellers) is proposed and extended to a more efficient design of auction (EDA).
Abstract
Mobile cloud computing offers an appealing paradigm to relieve the pressure of soaring data demands and augment energy efficiency for future green networks. Cloudlets can provide available resources to nearby mobile devices with lower access overhead and energy consumption. To stimulate service provisioning by cloudlets and improve resource utilization, a feasible and efficient incentive mechanism is required to charge mobile users and reward cloudlets. Although auction has been considered as a promising form for incentive, it is challenging to design an auction mechanism that holds certain desirable properties for the cloudlet scenario. Truthfulness and system efficiency are two crucial properties in addition to computational efficiency, individual rationality and budget balance. In this paper, we first propose a feasible and truthful incentive mechanism (TIM), to coordinate the resource auction between mobile devices as service users (buyers) and cloudlets as service providers (sellers). Further, TIM is extended to a more efficient design of auction (EDA). TIM guarantees strong truthfulness for both buyers and sellers, while EDA achieves a fairly high system efficiency but only satisfies strong truthfulness for sellers. We also show the difficulties for the buyers to manipulate the resource auction in EDA and the high expected utility with truthful bidding.

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Journal ArticleDOI

A Survey on the Edge Computing for the Internet of Things

TL;DR: A comprehensive survey, analyzing how edge computing improves the performance of IoT networks and considers security issues in edge computing, evaluating the availability, integrity, and the confidentiality of security strategies of each group, and proposing a framework for security evaluation of IoT Networks with edge computing.
Journal ArticleDOI

Mobile Edge Intelligence and Computing for the Internet of Vehicles

TL;DR: Key design issues, methodologies, and hardware platforms are introduced, including edge-assisted perception, mapping, and localization for intelligent IoV, and typical use cases for intelligent vehicles are illustrated.
Journal ArticleDOI

Double Auction-Based Resource Allocation for Mobile Edge Computing in Industrial Internet of Things

TL;DR: Two double auction schemes with dynamic pricing in MEC are proposed, namely a breakeven-based double auction (BDA) and a more efficient dynamic pricing based double Auction (DPDA), to determine the matched pairs between IIoT MDs and edge servers, as well as the pricing mechanisms for high system efficiency, under the locality constraints.
Journal ArticleDOI

Resource Management in Cloud Networking Using Economic Analysis and Pricing Models: A Survey

TL;DR: In this paper, the authors present a comprehensive literature review on applications of economic and pricing models for resource management in cloud networking, which can lead to desirable performance in terms of social welfare, fairness, truthfulness, profit, user satisfaction, and resource utilization.
Journal ArticleDOI

A Stochastic Control Approach to Maximize Profit on Service Provisioning for Mobile Cloudlet Platforms

TL;DR: A new stochastic control algorithm that makes online decisions on computing request admission and dispatching, computing service purchasing, and computing resource allocation is introduced that does not require any statistical knowledge of relevant system dynamics, and is efficient for implementation in practice.
References
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Book

Introduction to Graph Theory

TL;DR: In this article, the authors introduce the concept of graph coloring and propose a graph coloring algorithm based on the Eulers formula for k-chromatic graphs, which can be seen as a special case of the graph coloring problem.
Journal ArticleDOI

The Case for VM-Based Cloudlets in Mobile Computing

TL;DR: The results from a proof-of-concept prototype suggest that VM technology can indeed help meet the need for rapid customization of infrastructure for diverse applications, and this article discusses the technical obstacles to these transformations and proposes a new architecture for overcoming them.
Journal ArticleDOI

A dominant strategy double auction

TL;DR: In this article, a double auction mechanism that provides dominant strategies for both buyers and sellers is analyzed, and the mechanism satisfies the 1n convergence to efficiency of the buyer's bid double auction.
Journal ArticleDOI

Multi-Item Auctions

TL;DR: In this paper, a collection of items is to be distributed among several bidders, and each bidder is to receive at most one item, and it has been shown that there is a unique vector of equilibrium prices that is optimal, in a suitable sense, for the bidderers.
Posted Content

Multi-Item Auctions

TL;DR: In this paper, a collection of items is to be distributed among several bidders, and each bidder is to receive at most one item, and it has been shown that there is a unique vector of equilibrium prices that is optimal, in a suitable sense, for the bidderers.
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