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A secondary market metaphor for content delivery networks

Author

Listed:
  • Elias Vathias

    (National and Kapodistrian University of Athens)

  • Eleftheria Katsarou

    (National and Kapodistrian University of Athens)

  • Stathes Hadjiefthymiades

    (National and Kapodistrian University of Athens)

Abstract

A Secondary Market (SM) mechanism is used to allow the exchange of unused resources between Origin Servers (content-generating entities) that claim and reserve resources from Content Delivery Networks (CDNs). Using a Predictive Reservation Scheme, network and disk resources are being monitored through well-established techniques (Kernel Regression Estimators) in a given time frame. We show that the SM mechanism significantly improves the efficiency and robustness of our Predictive Reservation Scheme by allowing fast exchange of unused resources between the Origin Servers (CDN Clients), either by implementing socially optimal practices or by allowing automatic electronic auctions at the end of day (EOD) or at shorter time intervals. Therefore, all the involved players (including the CDN itself) benefit from the rationalized use of CDN resources.

Suggested Citation

  • Elias Vathias & Eleftheria Katsarou & Stathes Hadjiefthymiades, 2017. "A secondary market metaphor for content delivery networks," Netnomics, Springer, vol. 18(2), pages 183-214, December.
    • Handle: RePEc:kap:netnom:v:18:y:2017:i:2:d:10.1007_s11066-017-9120-z
    DOI: 10.1007/s11066-017-9120-z
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    References listed on IDEAS

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    1. Kartik Hosanagar & John Chuang & Ramayya Krishnan & Michael D. Smith, 2008. "Service Adoption and Pricing of Content Delivery Network (CDN) Services," Management Science, INFORMS, vol. 54(9), pages 1579-1593, September.
    2. Kartik Hosanagar & Ramayya Krishnan & John Chuang & Vidyanand Choudhary, 2005. "Pricing and Resource Allocation in Caching Services with Multiple Levels of Quality of Service," Management Science, INFORMS, vol. 51(12), pages 1844-1859, December.
    3. Lee McKnight & Joseph P. Bailey, 1997. "Global Internet Economics," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 1(0), December.
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    Cited by:

    1. Elias Vathias & Stathes Hadjiefthymiades, 2022. "A stock options metaphor for content delivery networks," Netnomics, Springer, vol. 22(2), pages 195-230, October.
    2. Elias Vathias & Stathes Hadjiefthymiades, 2021. "A stock options metaphor for content delivery networks," Netnomics, Springer, vol. 22(2), pages 195-230, December.

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