The idea of using markets and pricing computer re-
sources is quite old. Pricing policies received consid-
erable attention at the dawn of modern multi-user time
sharing systems. Papers in the late 1960’s were dedi-
cated to automated pricing policies for computer time
[18, 19, 20]. As research, this work was short-lived.
The complexity of these schemes relative to their benefit,
combined with the environment of time-shared systems
(mostly cooperative, mostly controlled by a single en-
tity) quickly made pricing for shared resource allocation
a low priority. Shared resource allocation remained a hot
topic in operating systems, but the goal in this research
was maximizing utilization through clever scheduling. In
contrast, schedulers that...
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