HIERARCHICAL FAIRSHARE OF MULTI-DIMENSIONAL RESOURCES

Implementing a fair share of resources among one or more scheduling peers. Resource allocations are received for a plurality of scheduling peers. For each scheduling peer, a usage percentage difference is determined between their respective usage percentage and configured share ratio. For a first competing peer that is served more than a second competing peer, resource allocation is adjusted such that resources from the first competing peer are allocated to the second competing peer based, at least in part, on a time decay factor function that gives less weight to the usage percentage difference as an age of the usage percentage difference increases.