Unit:
Κατεύθυνση Οικονομική και Διοίκηση των Τηλεπικοινωνιακών ΔικτύωνΠληροφορική
Author:
Doukas Matthias-Filippos
Giannopoulos Panagiotis
Supervisors info:
Ευστάθιος Χατζηευθυμιάδης, Καθηγητής, Τμήμα Πληροφορικής και Τηλεπικοινωνιών, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών
Original Title:
The Use of Stock Options for Resource Allocation and Management on Content Delivery Networks
Translated title:
The Use of Stock Options for Resource Allocation and Management on Content Delivery Networks
Summary:
This thesis presents and examines the use of Stock Options as an efficient allocation and management method of resources, which are distributed from modern infrastructure Content Delivery Networks.
The allegorical correlation between the scientific fields of Economics and Computer Science is attempted by examining the usefulness of a purely financial term - such as Stock Options - for the creation of a proactive resource management model, which can be directly applied to content distribution networks, namely the majority of content providers' infrastructures in the everyday life of the digital age.
The introductory chapters present the definition of modern Content Delivery Networks and highlight the need for efficient resource management. The concept and the importance of providing service quality in the present era are also presented, along with the basic techniques by which it is achieved in the modern CDN ecosystem. Next, an existing resource prediction model of the market’s simulation is presented, along with its mechanisms and the parties involved. This model serves as the fundamental idea on our further research and our own proposed model. The basic concepts that the thesis is deeply concerned with - namely the definitions of the Secondary Market and the Stock Options - are also introduced.
The core concepts, namely the Secondary Market and the Stock Options are analyzed in detail in chapters 3 and 4 respectively. We present the Black-Scholes options pricing formula for the evaluation of stock options, based on which the proposed model of work is presented, which in turn is presented in the following chapters. Chapter 5 analyzes market scenarios based on the need to use and exploit stock options, highlighting their importance, while in chapter 6 fundamental CDN cost planning pricing methods and policies are presented.
Chapter 7 presents the proposed model on the basis of all the previously mentioned concepts. The proposed algorithm is laid out step by step and highlights the model’s differentiation compared to other models. The conversion of the algorithm into actual, scenarios of our proposed framework is presented in chapter 8, where the metrics are presented and the results of the simulated scenarios are analyzed in the context of the model’s contribution towards the goal of more efficient resource management in the area of Content Delivery Networks. Chapter 9 serves as the conclusion of the thesis and presents ideas and questions that may be the subject of further study, while at the end of the thesis references of the literature work and of all other sources that contributed to the creation of the thesis are recorded.
Τhere is also a three-part annex. In the first part, examples of cost pricing policies of real-life CDN’s are presented. The second part contains the fundamental functions of the Java source code that was developed for the simulation of the proposed model. Finally, the third part contains the CDN pricing table used in the simulation.
Main subject category:
Technology - Computer science
Keywords:
Stock Options, Secondary Market, Content Delivery Networks, Resource Allocation, Black-Scholes Model, Quality of Service
