Decentralized vs. centralized economic coordination of resource allocation in grids

Application layer networks are software architectures that allow the provisioning of services requiring a huge amount of resources by connecting large numbers of individual computers, like in Grid or Peer-to-Peer computing. Controlling the resource allocation in those networks is nearly impossible using a centralized arbitrator. The network simulation project CATNET will evaluate a decentralized mechanism for resource allocation, which is based on the economic paradigm of the Catallaxy, against a centralized mechanism using an arbitrator object. In both versions, software agents buy and sell network services and resources to and from each other. The economic model is based on self-interested maximization of utility and self-interested cooperation between agents. This article describes the setup of money and message flows both for centralized and decentralized coordination in comparison.Peer Reviewe