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Mechanisms with monitoring for truthful RAM allocation. (English) Zbl 1403.68024
Markakis, Evangelos (ed.) et al., Web and internet economics. 11th international conference, WINE 2015, Amsterdam, The Netherlands, December 9–12, 2015. Proceedings. Berlin: Springer (ISBN 978-3-662-48994-9/pbk; 978-3-662-48995-6/ebook). Lecture Notes in Computer Science 9470, 398-412 (2015).
Summary: Novel algorithmic ideas for big data have not been accompanied by advances in the way central memory is allocated to concurrently running programs. Commonly, RAM is poorly managed since the programs’ trade offs between speed of execution and RAM consumption are ignored. This trade off is, however, well known to the programmers. We adopt mechanism design tools to truthfully elicit this (multidimensional) information with the aim of designing more clever RAM allocation algorithms. We introduce a novel paradigm wherein programs are bound to overbidding declarations of their running times. We show the limitations of this paradigm in the absence of transfers and prove how to leverage waiting times, as a currency, to obtain optimal money burning mechanisms for the makespan.
For the entire collection see [Zbl 1326.68026].

68M20 Performance evaluation, queueing, and scheduling in the context of computer systems
91B26 Auctions, bargaining, bidding and selling, and other market models
Full Text: DOI
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