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Strategy-proof Pricing Approach for Cloud Market

In this paper, we design and develop a pricing model applicable to strategy proof pricing. To provide an economic stability towards its consumers. The economic model we use is Vickrey-Clarke-Groves (VCG). By this each service provider has to provide a true cost of its services in the cloud market. For the selection of suitable service for the consumer we adopt a dynamic programing based algorithm and VCG is used to calculate the payment. Strategy proof pricing offers a unique cloud pricing service that takes the complexity out of traditional pricing and enables cloud providers to price accurately, consistently and competitively

preprint2015arXivOpen access
Chetan ChawlaInderveer Chana
Distributed, Parallel, and Cluster Computing
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Open access2 authors1 topic
Imported metadata coverageMissing code, dataset, citation and institution fields are tracked without dominating the paper.Details
Citations: 0Reviews: 0Saves: 0Code: not linkedDataset: not linkedInstitutions: 0

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Chetan ChawlaInderveer Chana

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