Date Added: Aug 2010
Grid Computing is a parallel and distributed system that facilitates the virtualization of distributed computing and enables coordinating and sharing of computing and storage resources. Mechanism based on economic models is an effective approach to solve the problem of grid resources management. The essence of this problem is how to discover resources for achieving the goal of a highly efficient utilization of resources in response to current resource prices. In this paper, the authors present a method of resource discovery and pricing based on the learning automata, and discuss the process of resource discovery and resource pricing algorithms for discover and pricing resources to grid users in order to maximize the benefit for both grid providers and grid users.