IDEAS home Printed from https://ideas.repec.org/a/abq/ijist1/v4y2022i5p65-76.html
   My bibliography  Save this article

Double Auction used Artificial Neural Network in Cloud Computing

Author

Listed:
  • Muhammad Adeel Abbasa

    (Department of Computer Science University of Engineering and Technology Taxila, Pakistan)

  • Zeshan Iqbal

    (Department of Computer Science University of Engineering and Technology Taxila, Pakistan)

Abstract

Double auction (DA) algorithm is widely used for trading systems in cloud computing. Distinct buyers request different attributes for virtual machines. On the other hand, different sellers offer several types of virtual machines according to their correspondence bids. In DA, getting multiple equilibrium prices from distinct cloud providers is a difficult task, and one of the major problems is bidding prices for virtual machines, so we cannot make decisions with inconsistent data. To solve this problem, we need to find the best machine learning algorithm that anticipates the bid cost for virtual machines. Analyzing the performance of DA algorithm with machine learning algorithms is to predict the bidding price for both buyers and sellers. Therefore, we have implemented several machine learning algorithms and observed their performance on the bases of accuracy, such as linear regression (83%), decision tree regressor (77%), random forest (82%), gradient boosting (81%), and support vector regressor (90%). In the end, we observed that the Artificial Neural Network (ANN) provided an astonishing result. ANN has provided 97% accuracy in predicting bidding prices in DA compared to all other learning algorithms. It reduced the wastage of resources (VMs attributes) and soared both users' profits (buyers & sellers). Different types of models were analyzed on the bases of individual parameters such as accuracy. In the end, we found that ANN is effective and valuable for bidding prices for both users.

Suggested Citation

  • Muhammad Adeel Abbasa & Zeshan Iqbal, 2022. "Double Auction used Artificial Neural Network in Cloud Computing," International Journal of Innovations in Science & Technology, 50sea, vol. 4(5), pages 65-76, June.
  • Handle: RePEc:abq:ijist1:v:4:y:2022:i:5:p:65-76
    DOI: 10.33411/IJIST/2022040506
    as

    Download full text from publisher

    File URL: https://journal.50sea.com/index.php/IJIST/article/view/328/251
    Download Restriction: no

    File URL: https://journal.50sea.com/index.php/IJIST/article/view/328
    Download Restriction: no

    File URL: https://libkey.io/10.33411/IJIST/2022040506?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Tso, Geoffrey K.F. & Yau, Kelvin K.W., 2007. "Predicting electricity energy consumption: A comparison of regression analysis, decision tree and neural networks," Energy, Elsevier, vol. 32(9), pages 1761-1768.
    2. Iqra Khan & Muhammad Zohaib Siddique & Ateeq Ur Rehman Butt & AZHAR IMRAN Mudassir & Muhammad Azeem Qadir & Sundus Munir, 2021. "Towards Skin Cancer Classification Using Machine Learning And Deep Learning Algorithms: A Comparison," International Journal of Innovations in Science & Technology, 50sea, vol. 3(4), pages 110-118, December.
    3. Dawid, Herbert, 1999. "On the convergence of genetic learning in a double auction market," Journal of Economic Dynamics and Control, Elsevier, vol. 23(9-10), pages 1545-1567, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Voyant, Cyril & Motte, Fabrice & Notton, Gilles & Fouilloy, Alexis & Nivet, Marie-Laure & Duchaud, Jean-Laurent, 2018. "Prediction intervals for global solar irradiation forecasting using regression trees methods," Renewable Energy, Elsevier, vol. 126(C), pages 332-340.
    2. Cabrales, Antonio & Serrano, Roberto, 2011. "Implementation in adaptive better-response dynamics: Towards a general theory of bounded rationality in mechanisms," Games and Economic Behavior, Elsevier, vol. 73(2), pages 360-374.
    3. Smith, Peter, 2008. "New perspectives on realism, tractability, and complexity in economics," MPRA Paper 10899, University Library of Munich, Germany.
    4. Ankit Kumar Srivastava & Ajay Shekhar Pandey & Rajvikram Madurai Elavarasan & Umashankar Subramaniam & Saad Mekhilef & Lucian Mihet-Popa, 2021. "A Novel Hybrid Feature Selection Method for Day-Ahead Electricity Price Forecasting," Energies, MDPI, vol. 14(24), pages 1-16, December.
    5. Pao, H.T., 2009. "Forecasting energy consumption in Taiwan using hybrid nonlinear models," Energy, Elsevier, vol. 34(10), pages 1438-1446.
    6. Anastasia Ioannou & Gioia Falcone & Christina Baisch & Georgie Friederichs & Jan Hildebrand, 2023. "A Decision Support Tool for Social Engagement, Alternative Financing and Risk Mitigation of Geothermal Energy Projects," Energies, MDPI, vol. 16(3), pages 1-25, January.
    7. E. Samanidou & E. Zschischang & D. Stauffer & T. Lux, 2001. "Microscopic Models of Financial Markets," Papers cond-mat/0110354, arXiv.org.
    8. Jihoon Moon & Junhong Kim & Pilsung Kang & Eenjun Hwang, 2020. "Solving the Cold-Start Problem in Short-Term Load Forecasting Using Tree-Based Methods," Energies, MDPI, vol. 13(4), pages 1-37, February.
    9. Beenstock, Michael & Szpiro, George, 2002. "Specification search in nonlinear time-series models using the genetic algorithm," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 811-835, May.
    10. Aftab Ahmed Almani & Xueshan Han, 2023. "Real-Time Pricing-Enabled Demand Response Using Long Short-Time Memory Deep Learning," Energies, MDPI, vol. 16(5), pages 1-13, March.
    11. Yildiz, B. & Bilbao, J.I. & Sproul, A.B., 2017. "A review and analysis of regression and machine learning models on commercial building electricity load forecasting," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 1104-1122.
    12. Shi, Kaifang & Yu, Bailang & Huang, Chang & Wu, Jianping & Sun, Xiufeng, 2018. "Exploring spatiotemporal patterns of electric power consumption in countries along the Belt and Road," Energy, Elsevier, vol. 150(C), pages 847-859.
    13. Nutkiewicz, Alex & Yang, Zheng & Jain, Rishee K., 2018. "Data-driven Urban Energy Simulation (DUE-S): A framework for integrating engineering simulation and machine learning methods in a multi-scale urban energy modeling workflow," Applied Energy, Elsevier, vol. 225(C), pages 1176-1189.
    14. Marco Casari, 2002. "Can genetic algorithms explain experimental anomalies? An application to common property resources," UFAE and IAE Working Papers 542.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    15. Raihanian Mashhadi, Ardeshir & Behdad, Sara, 2018. "Discriminant effects of consumer electronics use-phase attributes on household energy prediction," Energy Policy, Elsevier, vol. 118(C), pages 346-355.
    16. Casari, Marco, 2008. "Markets in equilibrium with firms out of equilibrium: A simulation study," Journal of Economic Behavior & Organization, Elsevier, vol. 65(2), pages 261-276, February.
    17. Baruque, Bruno & Porras, Santiago & Jove, Esteban & Calvo-Rolle, José Luis, 2019. "Geothermal heat exchanger energy prediction based on time series and monitoring sensors optimization," Energy, Elsevier, vol. 171(C), pages 49-60.
    18. Reyna, Janet L. & Chester, Mikhail V. & Rey, Sergio J., 2016. "Defining geographical boundaries with social and technical variables to improve urban energy assessments," Energy, Elsevier, vol. 112(C), pages 742-754.
    19. Liukkonen, M. & Heikkinen, M. & Hiltunen, T. & Hälikkä, E. & Kuivalainen, R. & Hiltunen, Y., 2011. "Artificial neural networks for analysis of process states in fluidized bed combustion," Energy, Elsevier, vol. 36(1), pages 339-347.
    20. Movagharnejad, Kamyar & Mehdizadeh, Bahman & Banihashemi, Morteza & Kordkheili, Masoud Sheikhi, 2011. "Forecasting the differences between various commercial oil prices in the Persian Gulf region by neural network," Energy, Elsevier, vol. 36(7), pages 3979-3984.

    More about this item

    Keywords

    Cloud Computing; Double Auction; Artificial Neural Network; Regression Problem; Supervised Machine Learning;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:abq:ijist1:v:4:y:2022:i:5:p:65-76. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hafiz Haroon Ahmad, Iqra Nazeer (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.