Autonomic systems take decisions independent of human administrators and hide much system complexity when they do signal for intervention. Furthermore, they are expected to interact with their environment in an autonomous way, even beyond the boundaries of an individual organization. Autonomic systems will offer their capabilities as services partially based on service elements they acquire from their environment. This paper defines and characterizes Autonomic Economics, that is, the inclusion of economics within the decision making processes of autonomic systems.
Did you find this white paper useful?
22 out of 35 users found this white paper useful
Related white papers
Reaping the Benefits of Hosted Email Security
Until recently, choosing the convenience of a hosted email security solution meant making significant compromises versus the power and flexibility of on-premise, appliance-based solutions. Do you want maximum control - managing...
Sustainable Economic Growth: Natural Resources and the Environment in Norway
This document examines Norwegian policy on managing natural and environmental resources. The investment of a large share of the rent from oil and gas in foreign financial assets...
Market-Indexed Executive Compensation: Why Bother?
Academics have long argued that incentive contracts for executives should be indexed to remove the influence of market forces so as to isolate the executive's contribution. Little evidence has been...
Event Enabling the Enterprise with Enterprise Event Broker
This white paper examines investments spent on development and maintenance of integration solutions for Information technology is expected to provide companies with a competitive advantage and a measurable return on...
The Effects of New Technologies on Power and Cooling Requirements
Systems with high performance components, increased redundancy and greater hardware density boost power consumption and therefore create greater demands of cooling systems. To successfully deploy more powerful systems, customers must...
Compaq's Cluster Management Initiative
Harvard Research Group has determined through extensive primary and secondary research that today's business managers want Enterprise Management Systems that can help them gain control over the business process and...
Automating Functional Testing: How to Increase the Speed, Quality, and ROI of Testing Business Applications
By automating key elements of functional testing, companies can meet tighter release schedules, test more thoroughly, and reliably, verify that business processes function correctly, and ultimately generate higher revenue and...
