Resource allocation, trading and adaptation in self-managing systems

The allocation of a limited number of resources among multiple self-interested stakeholders is a challenging issue for many real life systems and applications. Resource management for this type of systems is a challenging task because of the different objectives of the owner of the resources and the stakeholders. The owner aims to an efficient usage of the resources, while stakeholders have self-interested objectives. This paper presents a software framework for resource management based on the integration of dynamic allocation, trading, and self-adaptation mechanisms. Resource allocation and adaptation are performed in a centralized manner, while resource trading is achieved through a decentralized approach. Furthermore, the paper presents the application of the proposed framework in two different domains: aeronautics and Internetware