GECON - Conference on the Economics of
Grids, Clouds, Systems, and Services

Conference Links
Upcoming Conference:
GECON2017, Biarritz, France

Previous Conferences:
GECON2016, Athens, Greece
GECON2015, Cluj-Napoca, Romania
GECON2014, Cardiff, UK
GECON2013, Zaragoza, Spain
GECON2012, Berlin, Germany
GECON2011, Paphos, Cyprus
GECON2010, Ischia, Italy
GECON2009, Delft, Netherlands
GECON2008, Las Palmas, Spain
GECON2007, Rennes, France
GECON2006, Singapore
GECON2005, Seoul, South-Korea
GECON2004, Seoul, South-Korea

On the long way from the first computer clusters in the eighties and nineties of the last century to the vision of an open commercial Grid, where all kinds of IT services can be traded, many challenges have to be overcome. In order to address these challenges and, therefore, advance the knowledge on the Economics of Grids, Systems, and Services, since 2004, an annual conference has been organized in collaboration with IEEE conferences or with major conferences like EuroPar. The following research topics, which are addressed within the Gecon conference series, will ensure that we stay on the right track towards an open commercial IT infrastructure, the next generation Internet:

  • Analysis of the functionality of the existing Grid technology
  • Business services workflows
  • Business modeling
  • Market mechanisms
  • Service-orientation of computing systems
  • Specification of incentives for participation and resource sharing
  • Specification of economic-aware IT services
  • Analysis of pricing schemes for Grids, systems, Clouds, and services
  • Reports on test beds and operation
  • Analysis of application scenarios (with stakeholders and roles)
  • Resource selection and allocation
  • Metering, accounting, charging, billing systems
  • Economic aspects of security
  • Decision support systems for users and providers
  • Capacity planning systems
  • Service level agreements
  • Market models
  • Economic aspects of existing applications
  • Reports on national and international projects on Grid systems
  • Trust and Risk management
  • Standardization Virtual organizations
  • Economic aspects of identity management
  • Impact of legal requirements on interconnection of systems


Please, find more information about the specific conference on the linked Web sites. The proceedings were published by various publishers like IEEE and Springer LNCS. In addition to this, special journal issues (e.g., Elsevier) of top, extended papers are published as well.

GECON 2004
  • 1st IEEE International Workshop on Grid Economics and Business Models
  • Organized by Junseok Hwang (Seoul National University, Korea) and Jysoo Lee (Korea Institute of Science and Technology Information, Korea)
  • Please find here the TOC of the Proceedings
GECON 2005
  • Co-located with GGF13 the 2nd Workshop on Grid Economics and Business Models took place in Seoul, Korea, on March 14, 2005
  • Organized by Junseok Hwang (Seoul National University, Korea) and Jysoo Lee (Korea Institute of Science and Technology Information, Korea)
  • Here you can find the cfp
GECON 2006
  • The 3rd International Workshop on Grid Economics and Business Models was held on 16 May 2006 in Singapore, in conjunction with the IEEE Cluster Computing & Grid Conference (CCGrid 2006) and Grid Asia 2006
  • Organized by Hing-Yan Lee (National Grid Office, Singapore) and Steven Miller (Singapore Management University, Singapore)
  • The proceedings can be purchased e.g. via this book seller
GECON 2007
  • In 2007 for the first time the GECON workshop was held in Europe: GECON 2007 took place on 28 August 2007 in Rennes, France in collaboration with EuroPar 2007
  • It was organized by Jorn Altmann, Daniel Veit (University of Mannheim, Germany) and Sonja Klingert (International University, Germany)
  • The proceedings were published by Springer as part of the LNCS series.
  • Find the GECON 2007 Web site here.
GECON 2008
  • GECON 2008 took place on 25/26 August 2008 in Las Palmas, Spain in collaboration with EuroPar 2008
  • It was organized by Jorn Altmann (Seoul National University, South-Korea), Dirk Neumann (University of Freiburg, Germany), Thomas Fahringer (University of Innsbruck, Austria), and Sonja Klingert (International University, Germany)
  • The proceedings were published by Springer as part of the LNCS series.
  • Find the GECON 2008 Web site here.
GECON 2009
  • GECON 2009 took place on 24 August 2009 in Delft, Netherlands in collaboration with EuroPar 2009
  • It was organized by Jorn Altmann (Seoul National University, South-Korea), Raj Buyya (University of Melbourne, Australia), Omer Rana (Cardiff University, UK)
  • The proceedings were published by Springer as part of the LNCS series.
  • Find the GECON 2009 Web site here.
GECON 2010
  • GECON 2010 took place on 31 August 2010 in Ischia, Italy in collaboration with EuroPar 2010
  • It was organized by Jorn Altmann (Seoul National University, South-Korea) and Omer Rana (Cardiff University, UK)
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, 6296.
  • Find the GECON 2010 Web site here.
GECON 2011
  • GECON 2011 took place on 5 December 2011 in Paphos, Cyprus in collaboration with ICSOC 2011
  • It was organized by Kurt Vanmechelen (University of Antwerp), Jorn Altmann (Seoul National University, South-Korea), Omer Rana (Cardiff University, UK)
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, 7150, ISBN 978-3-642-28674-2.
  • Find the GECON 2011 Web site here.
GECON 2012
  • GECON 2012 took place on 27-28 November 2012 at the Technical University of Berlin in Berlin, Germany as a stand-alone conference
  • It was organized by Matthias Hovestadt (Technical University of Berlin), Kurt Vanmechelen (University of Antwerp), Jorn Altmann (Seoul National University, South-Korea), Omer Rana (Cardiff University, UK)
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, 7714, ISBN 978-3-642-35194-5.
  • Find the GECON 2012 Web site here.
GECON 2013
  • GECON 2013 took place on 18-20 September 2013 at the Unversity of Zaragoza in Zaragoza, Spain as a stand-alone conference
  • It was organized by Jose Angel Ba?ares (University of Zaragoza,Spain), Kurt Vanmechelen (University of Antwerp,Belgium), Jorn Altmann (Seoul National University, South-Korea), Omer Rana (Cardiff University, UK)
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, 8193, ISBN 978-3-319-02413-4.
  • Find the GECON 2013 Web site here.
GECON 2014
  • GECON 2014 took place on 16-18 September 2014 at Cardiff Unversity in Cardiff, UK as a stand-alone conference.
  • It was organized by Omer Rana(Cardiff University, Cardiff,UK), Kurt Vanmechelen (University of Antwerp,Belgium), Jorn Altmann (Seoul National University, South-Korea).
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, 8914, ISBN 978-3-319-14609-6.
  • Find the GECON 2014 Web site here.
GECON 2015
  • GECON 2015 took place on 15-17 September 2015 at Babes-Bolyai Unversity in Cluj-Napoca, Romania as a stand-alone conference.
  • It was organized by Gheorghe Cosmin Silaghi (Babes-Bolyai University , Romania), Omer Rana(Cardiff University, Cardiff,UK), Jorn Altmann (Seoul National University, South-Korea).
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, 9512, ISBN ---.
  • Find the GECON 2015 Web site here.
GECON 2016
  • GECON 2016 took place on 20-22 September 2016 at Harokopio Unversity in Athens, Greece.
  • It was organized by Konstantinos Tserpes (Harokopio University, Greece), Dimosthenis Anagnostopoulos (Harokopio University, Greece), and Maria Nikolaidou (Harokopio University of Athens, Greece).
  • The proceedings were published by Springer as part of the Lecture Notes in Computer Science (LNCS) series, xxxx, ISBN ---.
  • Find the GECON 2016 Web site here.
Statistics about the GECON Conferences
    Conference Number of People that Attended Number of Submitted Papers Number of Accepted Papers Rate of Accepted Papers Number of Accepted Work-in-Progress Papers Number of Invited Papers Number of Reviews in Average per Paper Number of GECON Papers Accepted for Special Issue of Elsevier FGCS Journal Number of GECON Papers Accepted for Special Issue of Springer Electronic Market Journal
    GECON2017
    GECON2016
    GECON2015
    37 39 11 28% 9 1 3.35 (10) (5)
    GECON2014
    25 23 8 34% 6 1 3.36 (10) -
    GECON2013
    32 43 12 28% 8 - 3.53 4 -
    GECON2012
    31 36 12 33% 6 - 3.36 5 -
    GECON2011
    52 27 9 33% 5 - 3.2 9 -
    GECON2010
    38 19 6 31% 6 - 4.1 7 -
    GECON2009
    40 25 8 32% 6 - 3.4 - -
    GECON2008
    25 27 10 37% 9 - 3.62 - -
    GECON2007
    31 30 12 40% 6 - 2.4 - -
    GECON2006
    - - 11 - 4 - reviewed - -
    GECON2005
    - - 6 - 4 - reviewed - -
    GECON2004
    - - 6 - 3 - reviewed - -
    the number x in "(x)" represents the number of articles that could be published in the special issue
Steering Committee
  • Jorn Altmann (Seoul National University, South-Koreaa)
  • Jose Angels Banares (Zaragossa, Spain)
  • Steven Miller (Singapore Management University, Singapore)
  • Omer F. Rana (Cardiff University, UK)
  • Gheorghe Cosmin Silaghi (Babes-Bolyai University , Romania)
  • ...
Articles Published at GECON
  • GECON 2015 Articles
  • GECON 2014 Articles
  • GECON 2013 Articles
  • GECON 2012 Articles
  • GECON 2011 Articles
  • GECON 2010 Articles
  • GECON 2009 Articles
  • GECON 2008 Articles
  • GECON 2007 Articles
  • GECON 2006 Articles
    • Thomas Sandholm, Kevin Lai. Evaluating demand prediction techniques for computational markets. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: We evaluate different prediction techniques to estimate future demand of resource usage in a computational market. Usage traces from the PlanetLab network are used to compare the prediction accuracy of models based on histograms, normal distribution approximation, maximum entropy, and autoregression theory. We particularly study the ability to predict the tail of the probability distribution in order to give guarantees of upper bounds of demand. We found that the maximum entropy model was particularly well suited to predict these upper bounds.

    • Danny OH, Steven MILLER, Nan HU. Experimental and Empirical Perspectives on Grid Resource Allocation for the Singapore Market. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: In this paper, we describe our work on using the Tycoon system developed by HP Labs to provide a market-based resource allocation and bidding framework for a grid. We discuss how we intend to evaluate the feasibility of the Tycoon system by measuring its economic performance using agent-based simulation experiments for a particular type of grid usage scenario, namely, the digital media market scenario. We will also discuss a related effort in collecting and using real grid data from the National Grid Pilot Platform in Singapore and how we will be using real data collected to derive actual usage patterns to verify the demand models used in the experiments. Lastly, we discuss the impact and significance of our work in the design and execution of commercialized grid business models for the digital media grid market hub.

    • Marcos Assuncao, Rajkumar Buyya, Nan HU. An evaluation of communication demand of auction protocols in grid environments. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: Dynamic pricing and good level of Pareto optimality make auctions more attractive for resource allocation over other economic models. However, some auction models present drawbacks regarding the high demand of communication when applied to large-scale scenarios. In a complex Grid environment, the communication demand can become a bottleneck; that is, a number of messages need to be exchanged for matching suitable service providers and consumers. In this context, it is worthwhile to investigate the communication demand or complexity of auction protocols in Grid environments. This work presents an analysis on the communication requirements of four auction protocols, namely First-Price Sealed, English, Dutch, and Continuous double auctions, in Grid environments. In addition, we provide a framework supporting auction protocols within a Grid simulating toolkit called GridSim.

    • Wolfgang Trumler, Andreas Pietzowski, Benjamin Satzger, Theo Ungerer. Adaptive Self-optimization in Distributed Dynamic Environments. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: Grid and ubiquitous computing systems generally consist of a large number of networked nodes with applications implemented as distributed services or processes, respectively. A crucial point is the distribution of the services to balance the load within the system during runtime. In a former work we developed a self-optimization mechanism which shows outstanding performance in static environments where the services do not change their resource consumptions (e.g. CPU, memory, communication bandwidth). In this paper we present simulation results for the self-optimization within dynamic environments where the services change their load during runtime.

    • Information-Resource Economics - The Intersection between Grid Economics and Information Economics (Invited paper). In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

    • Challenges in Designing Grid Marketplaces (Invited paper). In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

    • Melvin Koh, Jie Song, Liang Peng, Simon See. A Market-based Framework for Trading Grid Resources. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

    • Tariff Structures for Pricing Grid Computing Resources (Invited paper). In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

    • K. VANMECHELEN, G. STUER AND J. BROECKHOVE. Pricing substitutable grid resources usingcommodity market models. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: Enhancing Grid technology with market models for trading resources, is a promising step for Grids to become open systems that allow for user-centric service provisioning. This paper introduces a market model for trading substitutable Grid resources in a commodity market. We develop a pricing scheme and evaluate the market mechanisms through simulation. We show that the resource market achieves price stability and correctness, allocative efficiency and fairness.

    • Xin Bai, Dan, C. Marinescu, Howard Jay Siegel, Rose A. Daley, I-jeng Wang. Are utility, price, and satisfaction based resource allocation models 55 suitable for large-scale distributed systems. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: In this paper, we discuss a resource allocation model that takes into account the utility of the resources for the consumers and the pricing structure imposed by the providers. We show how a satisfaction function can express the preferences of the consumer both regarding the utility and the price of the resources. In our model, the brokers are mediating among the selfish interests of the consumers and the providers, and societal interests, such as efficient resource utilization in the system. We report a simulation study on the performance of the model. 1.

    • The Analysis for the Trust Policy of Grid System Based on Agent Based Virtual Market Simulation. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

    • Private to Public Grids (Invited paper). In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

    • Hirotaka Ogawa, Satoshi Itoh, Tetsuya Sonoda, Satoshi Sekiguchi. GridASP: an ASP framework for Grid utility computing. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: One of the greatest evolutions brought about by Grid technology is ‘Grid utility computing’, which utilizes various kinds of IT resources and applications across multiple organizations and enterprises, and integrates them into a comprehensive and valuable service. Since 2004, we proposed and have been developing the GridASP framework, which realizes Grid-enabled application service providers (ASPs) in order to realize Grid utility computing. GridASP can bind application providers, resource providers, and service providers together and provide application execution services with security and anonymity to enterprise/science users. In this article, we report the conceptual idea of GridASP and the detail of the framework now being developed. Information on GridASP can be found at http://www.gridasp.org. Copyright © 2006 John Wiley & Sons, Ltd.

    • J. Brunelle, P. Hurst, J. Huth, L. Kang, C. Ng, D. Parkes, M. Seltzer, J. Shank, S. Youssef. Egg: An extensible and economics-inspired open grid computing platform. In: Eds.:Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2006.

      Abstract: The Egg pro ject provides a vision and implementation of how heterogeneous com- putational requirements will be supported within a single grid and a compelling reason to explain why computational grids will thrive. Environment computing, which allows a user to specify properties that a compute environment must satisfy in order to support the users computation, provides a how. Economic principles, allowing resource owners, users, and other stakeholders to make value and policy statements, provides a why. The Egg pro ject introduces a language for defining software environments (egg shel l), a general type for grid ob jects (the cache), and a currency (the egg). The Egg platform resembles an economically driven Internet- wide Unix system with egg shell playing the role of a scripting language and caches playing the role of a global file system, including an initial collection of devices.

  • GECON 2005 Articles
    • Thomas Weishupl, Flavia Donno, Erich Schikuta, Heinz Stockinger, Helmut Wanek. Business in the Grid: the BIG Project. In: Eds.: Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2005.

      Abstract: In 2004 we have launched the Business In the Grid (BIG) project to, firstly, make business aware of Grid technology and, secondly, try to explore new business models. Personal interviews and an online survey were done to gain dissemination of Grid computing and collect information about the possibilities and challenges of business in the Grid. In this paper we present the preliminary results of the project and an outlook on business-adaptations of the Grid.

    • F Falcon. GRIDA telco perspective: The BT grid strategy. In: Eds.: Junseok Hwang, Jysoo Lee. GECON, 2nd Workshop on Grid Economics and Business Models. 2005.

      Abstract: ...

      Keywords: ...

  • GECON 2004 Articles
GECON Articles Published at a Elsevier FGCS Special Section on Economics of Computing Services
  • GECON Articles of the 2016 FGCS Special Section of Computing Services (Vol.55, Feb.2016)
  • GECON Articles of the 2014 FGCS Special Section of Computing Services (Vol.41, Dec.2014)
  • GECON Articles of the 2012 FGCS Special Section of Computing Services (Vol.28(8), Oct.2012)
GECON Articles Published at a Springer Electronic Market Special Section on Economics of Computing Services
  • GECON Articles of the 2017 Electronic Market Special Section on Computing Services
    • Robert J. Kauffman, Dan Ma, Martin Yu. A Metrics Suite of Cloud Computing Adoption Readiness. In: SS on Economics of Computing Services. Electronic Markets. 2016.

      Abstract: Recent research on cloud computing adoption suggests the lack of a deep understanding of its benefits by managers and organizations. We present a firm-level cloud computing readiness metrics suite and assess its applicability for various cloud computing service types. We propose four relevant categories for firm-level adoption readiness, including technology and performance, organization and strategy, economic and valuation, and regulatory and environmental dimensions. We further define sub-categories and measures for each. Our evidence of the appropriateness of the metrics suite is derived based on a series of empirical cases developed from our project work, which encompasses input from field interviews, business press sources, industry white papers, non-governmental organizations, and government agency sources. We also assess how the application of the metrics suite supports organizational users of cloud computing.

      Keywords: Adoption Readiness; Cloud Computing; Empirical Assessment; Managerial Decision-Making; Metrics Suite; Technology Adoption.