Workshop on Economics of Cloud Computing 2016

Present and learn about cutting edge research on the economic aspects of cloud computing.

When

Sunday, 24th July 2016
From 1:30 pm to 5:30 pm

Where

Maastricht, Netherlands
School of Business and Economics (Maastricht University).
Address: Tongersestraat 53, Maastricht. Room A1.23

Early Registration ends May 30th!

Register Now

Call for Papers

Submission Deadline: May 17, 2016 (11:59 PM Hawaii Time).
Notification: June 17, 2016
Submission site https://easychair.org/conferences/?conf=wecc2016

The digitization of the world’s businesses, and the movement of this digitization into the cloud is akin to an industrial revolution. Cloud computing will be to businesses what mobile computing has been to consumers. This raises a whole slew of questions in economics, most of which are deeply entangled with computer science topics. The focus of this workshop is on the economic aspects of cloud computing. The goal of the workshop is to be the premier platform to raise the most important research questions, to announce the latest results, to exchange ideas, to learn and to get feedback on the state of the art research in this area. The topics of interest for this workshop include but not limited to the following.

Moving to the cloud

How are current businesses impacted by moving to a cloud enabled world?

New Markets

What new markets emerge? What new economic models are enabled?

Cloud Pricing

What are the different pricing or auction mechanisms to sell cloud computing resources, and the pros and cons of each?

Cloud provisioning

The economies of scale in provisioning and running large data centers.

Fair allocation

How to allocate cloud resources in a fair manner in a shared multi-tenant system?

We invite theoretical, empirical and experimental papers on these topics.


Submission Instructions:

We solicit unpublished papers as well as papers that are published or accepted to be published in 2015/2016 (see exception below). If the paper is already published (or accepted), please mention the venue of publication. The workshop is non-archival, but authors are encouraged to provide us with a link to the paper at an online repository, which will be linked to from the workshop website. Papers that have appeared or are accepted to appear at EC, GAMES or affiliated workshops will not be considered.

Submissions should be in a single column format with reasonable margins, and the main ideas and contributions must by included within the first 10 pages. Anything beyond the first 10 pages is read only at the discretion of the reviewers. Submit your papers electronically through the submission site https://easychair.org/conferences/?conf=wecc2016 no later than May 17, 2016 (11:59 PM Hawaii Time). Notification will be on June 17, 2016.

Program Committee

Nikhil Devanur Nikhil Devanur (Chair) Microsoft Research
Eric Friedman Eric Friedman ICSI Berkeley
Preston McAfee Preston McAfee Microsoft Research
Noam Nisan Noam Nisan Hebrew University
Eva Tardos Eva Tardos Cornell
Adam Wierman Adam Wierman CalTech

Invited Speakers

Conference Schedule

Sunday, July 24, 2016. Click on the talk titles to view papers.

1:30 - 2:15

ERA: A Framework for Economic Resource Allocation for the Cloud

Noam Nisan
Hebrew University

This talk will describe the ERA system which is a framework for selling cloud resources. It is designed as a flexible software layer that can sit on top of any cloud scheduler, and is aimed at increasing the efficiency of cloud resource usage by allocating resources using economic principles. It provides interfaces to the cloud scheduler and to the users who reserve resources to run their jobs, and is responsible for pricing and scheduling the jobs. The architecture enables plugging in different algorithms according to the specific system’s needs, and it is accompanied by a simulation platform for the study and experimentation of the algorithms and learning modules, as well as of other model parameters. The proof-of-concept software was successfully tested over two cloud systems – Azure Batch of Microsoft and Rayon over Hadoop.

2:15 - 2:35

Cloud Pricing: The Spot Market Strikes Back

Ludwig Dierks and Sven Seuken

2:35 - 2:55

On-Demand or Spot? Selling the Cloud to Risk-Averse Customers

Darrell Hoy, Nicole Immorlica and Brendan Lucier

2:55 - 3:15

Pretium: Dynamic Pricing and Traffic Engineering for Timely Inter-Datacenter Transfers

Virajith Jalaparti, Ivan Bliznets, Srikanth Kandula, Brendan Lucier and Ishai Menache

3:15 - 3:35

Approximately Efficient Cost Sharing via Double Auctions

Felix Fischer, Ian Kash, Peter Key and Junxing Wang

3:35 - 4:05

Coffee Break

4:05-4:25

Congestion Games with Mixed Objectives

Matthias Feldotto, Lennart Leder and Alexander Skopalik

4:45 - 5:30

The Price of Privacy in the Cloud, or The Economic Consequences of Mr. Snowden

Simon Wilkie
Microsoft Research

Cloud computing stands as one of the most transformative technological development in recent times. The market has exhibited phenomenal economic growth since 2009. However, Edward Snowden’s revelations of the NSA’s domestic spying program in 2013 degraded the privacy reputation of the US.-based cloud service providers. We examine the economic impact of the Snowden revelations on cloud adoption using a global panel dataset of cloud revenues across service types and vendors. We develop an economic model of the cloud adoption decision process. We then assume that the Snowden revelations are a negative demand-shock “treatment” for US-based providers, and regard non-US-based firms as the control group and test for the impact. We find that the Snowden revelations decreased the growth rate of revenues of US providers by 11% from Q3 2013 to Q4 2014 and the expected losses to the US cloud industry are at least $18 billion. Consistent with the game theoretic models of repeated competition, e.g., APS, we find that after the demand shock a significant price war occurs. Thus even though the US-based firms lose revenue following the impulse effect of the revelations, over-time, they capture greater market share due to the price war. Joint work with Hyojin Song, Microsoft Research.

Registration

Early registration for EC ends May 30.

Register for EC and indicate which workshop you want to attend here.

Location and Venue

Maastricht, Netherlands.

Maastricht

The workshop is co-located with the ACM EC and GAMES conferences, which are being held in the School of Business and Economics, Maastricht University.
Address: Tongersestraat 53, Maastricht.
Room A1.23

Maastricht is the most southern city in The Netherlands. It is situated in the heart of Europe, surrounded by Belgium and Germany and close to France.

Additional details

Please see the GAMES website for information on conference venue, hotels and travel.

See you in Maastricht!!