System and method for allocating resources in a distributed computational system using proportional share auctions
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United States of America Patent
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Dec 15, 2009
Grant Date -
Jun 8, 2006
app pub date -
Dec 6, 2004
filing date -
Dec 6, 2004
priority date (Note) -
Expired
status (Latency Note)
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Abstract
Embodiments of the present invention relate to a system and method for allocating resources in a distributed computational system. Embodiments of the present invention may comprise a plurality of user agent programs, each adapted to place a bid on behalf of a user for computational resources based on a preference for a desired set of the computational resources. Additionally, embodiments of the present invention may comprise an auctioneer program adapted to receive the bid from each of the plurality of user agent programs and to determine entitlement to the computational resources based on an evaluation of the bids. Further, embodiments of the present invention may comprise a bank program adapted to manage records relating to currency corresponding to each of the user agent programs and to facilitate transfer of currency based on an outcome of the evaluation of the bids.
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