Truthful Greedy Mechanisms for Dynamic Virtual Machine Provisioning and Allocation in Clouds
Abstract— A major challenging problem for cloud providers is designing efficient mechanisms for virtual machine (VM) provisioning and allocation. Such mechanisms enable the cloud providers to effectively utilize their available resources and obtain higher profits. Recently, cloud providers have introduced auction-based models for VM provisioning and allocation which allow users to submit bids for their requested VMs. We formulate the dynamic VM provisioning and allocation problem for the auction-based model as an integer program considering multiple types of resources. We then design truthful greedy and optimal mechanisms for the problem such that the cloud provider provisions VMs based on the requests of the winning users and determines their payments.
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