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In this paper, the authors address an economic-based framework for resource allocation in ad-hoc Grids to deal with the dynamic nature of such networks. Within the economic framework, self-interested nodes in ad-hoc Grids are considered as consumers (buyers) and producers (sellers) of resources. Consumers and producers of resources are autonomous agents that cooperate through a simple, single metric namely the price that summarizes the global state of a network in a number. Adaptation is achieved by individual nodes through adopting a bidding strategy that adjusts the price according to the current state of the network in order to optimize the local utility of the node.<\/p>","DOI":"10.4018\/jertcs.2012040106","type":"journal-article","created":{"date-parts":[[2012,5,16]],"date-time":"2012-05-16T09:59:06Z","timestamp":1337162346000},"page":"111-130","source":"Crossref","is-referenced-by-count":0,"title":["Self-Adaptive Economic-Based Resource Allocation in Ad-Hoc Grids"],"prefix":"10.4018","volume":"3","author":[{"given":"Behnaz","family":"Pourebrahimi","sequence":"first","affiliation":[{"name":"Delft University of Technology, The Netherlands"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Koen","family":"Bertels","sequence":"additional","affiliation":[{"name":"Delft University of Technology, The Netherlands"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"2432","reference":[{"key":"jertcs.2012040106-0","doi-asserted-by":"crossref","unstructured":"Assuncao, M. 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