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Dynamic Pricing and Automated Resource Allocation for Complex Information Services - Michael Schwind

Dynamic Pricing and Automated Resource Allocation for Complex Information Services

Reinforcement Learning and Combinatorial Auctions

(Autor)

Buch | Softcover
XIV, 295 Seiten
2007 | 2007
Springer Berlin (Verlag)
978-3-540-68002-4 (ISBN)
CHF 179,70 inkl. MwSt

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.

Dynamic Pricing and Automated Resource Allocation.- Empirical Assessment of Dynamic Pricing Preference.- Reinforcement Learning for Dynamic Pricing and Automated Resource Allocation.- Combinatorial Auctions for Resource Allocation.- Dynamic Pricing and Automated Resource Allocation Using Combinatorial Auctions.- Comparison of Reinforcement Learning and Combinatorial Auctions.

Erscheint lt. Verlag 15.2.2007
Reihe/Serie Lecture Notes in Economics and Mathematical Systems
Zusatzinfo XIV, 295 p.
Verlagsort Berlin
Sprache englisch
Maße 155 x 235 mm
Gewicht 480 g
Themenwelt Mathematik / Informatik Mathematik
Wirtschaft Allgemeines / Lexika
Schlagworte algorithms • Artificial Intelligence • Automated Resource Allocation • Combinatorial Auctions • Dynamic Pricing • Genetic algorithms • Information Services • Intelligence • learning • Optimization • Optimization Methods • Reinforcement Learning
ISBN-10 3-540-68002-0 / 3540680020
ISBN-13 978-3-540-68002-4 / 9783540680024
Zustand Neuware
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