You are holding the proceedings of the 8th International Workshop on the
Economics of Grids, Clouds, Systems, and Services. This workshop brings together
the research and practitioner communities active in the area of economics
and computer science to address the emerging interest in infrastructure, platform,
and software services. This includes the operation and structure of the
service market, the alignment of cost, revenue, and quality-related objectives,
and the creation of innovative business models and value chains.
This book constitutes the refereed post-proceedings of the 8th International Workshop on Economics of Grids, Clouds, Systems, and Services, GECON 2011, held in Paphos, Cyprus, in December 2011. The 9 revised full papers presented together with 5 work in progress papers were carefully reviewed and selected from 27 papers. The papers are organized in topical sections on market mechanisms and negotiation; cost models, charging, and trading platforms; resource allocation, scheduling, and admission control; and two work in progress sections: risk assessment and economics of cloud services; and cost-aware adoption of cloud services.