A classification of autonomous bilateral cloud SLA negotiation strategies

Benedikt Pittl, Werner Mach, Erich Schikuta · 2016

Currently digital markets emerge where cloud resources are traded in the form of computational services. Usually the so called supermarket approach is applied on these service markets, where consumers buy offered services from providers based on fixed functional and non-functional characteristics without negotiations. However, bilateral multi round negotiation, which allows to customize the traded services, is considered as a promising improvement to the static supermarket approach aiming for higher market efficiency.

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