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Resource Management in Cloud Networking Using Economic Analysis and Pricing Models: A Survey

Open access
Luong, Nguyen Cong, Wang, Ping, Niyato, Dusit, Wen, Yonggang, Han, Zhu·2017·IEEE Communications Surveys & Tutorials

Abstract

This paper presents a comprehensive literature review on applications of economic and pricing models for resource management in cloud networking. To achieve sustainable profit advantage, cost reduction, and flexibility in provisioning of cloud resources, resource management in cloud networking requires adaptive and robust designs to address many issues, e.g., resource allocation, bandwidth reservation, request allocation, and workload allocation. Economic and pricing models have received a lot of attention as they can lead to desirable performance in terms of social welfare, fairness, truthfulness, profit, user satisfaction, and resource utilization. This paper reviews applications of the economic and pricing models to develop adaptive algorithms and protocols for resource management in cloud networking. Besides, we survey a variety of incentive mechanisms using the pricing strategies in sharing resources in edge computing. In addition, we consider using pricing models in cloud-based software defined wireless networking. Finally, we highlight important challenges, open issues and future research directions of applying economic and pricing models to cloud networking.

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Metadata

Authors
Luong, N. C., Wang, P., Niyato, D., Wen, Y., & Han, Z.
Venue
IEEE Communications Surveys & Tutorials
Published
2017
Volume
19
Issue
2
Pages
954-1001
ISSN
1553-877X (ISSN-L)
OpenAlex
W2568817620
Cited by
230
References
6
FWCI
68.26
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Resource Management in Cloud Networking Using Economic Analysis and Pricing Models: A Survey. https://app.cochat.ai/papers/10.1109/comst.2017.2647981
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Luong, N. C., Wang, P., Niyato, D., Wen, Y., & Han, Z. (2017). Resource Management in Cloud Networking Using Economic Analysis and Pricing Models: A Survey. IEEE Communications Surveys & Tutorials. https://doi.org/10.1109/comst.2017.2647981

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