Contents -- Welcome Message -- Preface -- Workshop Committees -- Grid Economy Test-beds & Operation -- Evaluating Demand Prediction Techniques for Computational Markets -- 1. Introduction -- 2. Prediction Algorithms -- 3. Results -- 3.1 Modelling -- 3.2 Predicting the Cumumlative Distribution -- 3.3 Predicting Bounds -- 4. Conclusions -- Experimental & Empirical Perspectives on Grid Resource Allocation for the Singapore Market -- 1. Introduction -- 2. Motivation -- 3. Related Work for the Experimental Analysis -- 4. Experimental View of Grid Resource Allocation using Tycoon -- 4.1 Overview of the Tycoon System -- 4.2 Experimental Objectives -- 4.3 Design of the Tycoon Simulation Experiments -- 4.4 Impacts and Contribution of Analysis -- 5. Related Work for the Empirical Analysis -- 6. Empirical View of Grid Resource Allocation in the National Grid Pilot Platform(NGPP) -- 6.1 Empirical Objectives -- 6.2 Design of the Analysis Strategy of NGPP Dataset -- 6.3 Challenges of collecting a Grid Dataset -- 7. Reaching for Insights on Real World Market-Based Resource Allocation -- 8. Conclusion -- An Evaluation of Communication Demand of Four Auction Protocols in Grid Environments -- 1. Introduction -- 2. Motivations and Related Work -- 3. Design of the Auction Framework -- 4. Auction Protocols -- 5. Simulation Environment and Experimental Results -- 6. Summary and Conclusion -- Adaptive Self-Optimizing Resource Management for the Grid -- 1. Introduction -- 2. Markov Decision Process (MDP) and Reinforcement Learning -- 2.1 Watkins Q(a) -- 2.2 SMRT -- 3. Reinforcement Learning-based Resource Allocation -- 4. Grid Simulation Scenerio and Results -- 4.1 Simulation Scenerio -- 4.2 Simulation Experiments -- 4.3 RL agent configuration -- 4.4 Results -- 5. Conclusion -- Market Managed Operation of the Internet.

Information-Resource Economics - The Intersection between Grid Economics and Information Economics (Invited paper -- 1. Introduction -- 2. Definitions -- 3. Information-Resources -- 3.1 Examples -- 3.2 Summary -- 4. Infrastructure Requirements -- 5. Conclusions -- Grid Systems' Economy & Its Operation & Deployment -- Challenges in Designing Grid Marketplaces (Invited paper) -- 1. Introduction -- 2. Literature Review -- 3. Challenges In Design of Grid Markets -- 3.1 Capacity Planning and the Cost of Decentralized Coordination -- 3.2 Estimating Resource Requirements for Jobs -- 4. Conclusions -- A Grid Market Framework -- 1. Introduction -- 1.1 National Grid Phase 2 -- 1.2 Digital Industry in Singapore -- 1.3 Grid Computing in Digital Media -- 2. Grid Market Framework -- 2.1 Grid Exchange -- 2.2 Resource Owners -- 2.3 Grid Resource Brokers(GRBs) -- 2.4 Users -- 2.5 Grid Service Providers(GSPs) -- 3. Current Status of Development -- 3.1 The Current Players -- 3.2 Realizing the GMH -- 4. Related Work -- 5. Conclusion -- A Market-Based Framework for Trading Grid Resources -- 1. Introduction -- 2. Research Issues and Framework Architecture -- 3. Prototype Design and Implementation -- 3.1 Portal Components -- 3.2 GridBank Service -- 4. Related Work -- 5. Conclusion and Future Work -- Tariff Structures for Pricing Grid Computing Resources (Invited paper) -- 1. Introduction -- 2. Economic Framework -- 2.1 Demand Uncertainty and Information Asymmetry -- 2.2 Tariff Structures -- 3. Model -- 3.1 The Buyers -- 3.2 The Seller -- 4. Discussion -- Pricing Substitutable Grid Resources using Commodity Market Models -- 1. Introduction -- 2. Commodity Market Model -- 2.1 Resource and job model -- 2.2 Consumer Model -- 2.3 Provider model -- 3. Pricing scheme -- 4. Evaluation -- 5. Future Work -- 6. Conclusion.

Are Utility Price and Satisfaction Based Resource Allocation Models Suitable for Large-Scale Distributed Systems? -- 1. Introduction -- 2. A Utility Price and Satisfaction Based Resource Allocation Model -- 3. A Simulation Study -- 4. Conclusions -- 5. Acknowledgments -- Identity Economics & Anonymity of Distributed Systems -- The Analysis for the Trust Policy of Grid System Based on Agent Based Virtual Market Simulation -- 1. Introduction -- 2. Prisoners' Dilemma of the Grid System -- 3. Basic Assumptions for Agents' Payoff and Strategy Selection in Virtual Market -- 4. Explanation for the Simulated Trust Policy Alternatives -- 5. Simulation Results depending on Trust Policy Alternative Adoption -- 5.1 Total Amount of Transactions -- 5.2 Rate of Cooperative Transactions -- 5.3 Social Welfare -- 6. Conclusion and Discussion -- Suggestions for Grid Commercialization Strategies -- Private to Public Grids (Invited paper) -- EGG: An Extensible and Economics-Inspired Open Grid Computing Platform (Invited paper) -- 1. Introduction -- 2. Egg Overview -- 3. Fundamental Architecture -- 3.1 Egg shells -- 3.2 Caches -- 4. Microeconomic Architecture -- 5. Macroecnomic Architecture -- 6. Closing Comments -- 6.1 Related work -- GridASP Toolkit: An ASP Toolkit for Grid Utility Computing -- 1. Introduction -- 2. Conceptual Model -- 3. GridASP Toolkit -- 3.1 Centralized Application/Resource Management -- 3.2 Semi-automated Application Deployment -- 3.3 Anonymous IDs for RPs -- 3.4 Data encryption for bypassing SPs -- 3.5 Visualized Workflow-Job Editor -- 3.6 Resource Brokering based on user's preference -- 4. Conclusion.