Utility computing models such as cloud computing provide a variety of computing services using several pricing options. Flexibility of requirements and availability of pricing options, enable a consumer to make trade-offs between cost and time. These trade-offs are governed by consumers' behavior with respect to how they discount price vis-à-vis time of delivery. In this paper, we study this trade-off for the cloud-computing context, based on theoretical models from the time-discounting (intertemporal) literature. We test this model using an experimental study with 162 participants. © 2017 IEEE.

Rangaraja P. Sundarraj

Department of Management Studies

cloud computing

Consumer behavior

Costs

Network function virtualization

COMPUTING SERVICES

DISCOUNTING

INTER-TEMPORAL CHOICES

TIME OF DELIVERY

TIME PREFERENCES

Trade off

UTILITY COMPUTING

Economic and social effects

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IIT Madras

Intertemporal choices in cloud computing: Effects of delay and delay horizon - an experimental study

2017 IEEE Technology and Engineering Management Society Conference, TEMSCON 2017

Cloud computing has transformed the decision-making processes involved in the procurement of information-technology services. Not only has it brought about tremendous speed-ups to computing jobs, but also, the flexibility it provides in terms of availability and pricing options now enables a consumer to make trade-offs between price and time, based on the situation on-hand and the turnaround-time requirements. These price-time trade-offs have been studied in the behavioral-economic literature, but have not been considered formally in the procurement and the cloud-system bodies of literature. We fill this gap, by taking up the question of how the impatience characteristics of the procurer (and in turn his/her procurement decisions) get affected by two behavioral factors, namely, delay horizon and situational involvement. We test the model using a factorial experiment with 180 participants and find that impatience degree and type are affected by delay horizon and situational involvement. We discuss practical implications for a cloud-service provider, as well as implications for the intertemporal and IS literature. © 2019, Springer Nature B.V.

Group Decision and Negotiation

Impatience Characteristics in Cloud-Computing-Services Procurement: Effects of Delay Horizon and Situational Involvement

Researchers have advocated that the acquisition of user preferences is important to the successful adoption of electronic negotiation systems. In this paper, we focus on one such preference, namely time preference, wherein the price of a good/service varies according to the delivery/consumption time. Time preference is a behavioral aspect that varies across buyers. We discuss how different types of preferences can be elicited, represented and integrated with electronic negotiations. We discuss three experiments to study the effect of time preferences on negotiation. The first is a preference elicitation experiment involving 36 subjects. The next two are agent-to-agent negotiation experiments, one based on the individual preferences obtained earlier and the other based on an expanded dataset on both individual preferences as well as negotiation parameters. The agent-based experiment compares outcomes and efficiencies between the standard exponential discounting model and two behavioral models of time preference. Our results bring out the preferences of subjects, as well as the extent to which negotiation is affected and enhanced by the incorporation of time-preferences. © 2016, Springer Science+Business Media Dordrecht.

Integrating Time-Preferences into E-Negotiation Systems: A Model, Elicitation Approach and Experimental Implications

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Intertemporal choices in cloud computing: Effects of delay and delay horizon -an experimental study

Journal	Data powered by Typeset2017 IEEE Technology and Engineering Management Society Conference, TEMSCON 2017
Publisher	Data powered by TypesetInstitute of Electrical and Electronics Engineers Inc.
Open Access	No