Auctioning resources in Grids: model and protocols
Daniel Grosu, A. Das · Concurrency and Computation Practice and Experience · 2006
In this paper, we propose and study an auction model for resource management in Grids. We propose and investigate by simulation three types of auction-based resource-allocation protocols: (i) first-price auction protocol; (ii) Vickrey auction protocol; and (iii) double auction protocol. The goal is to find which of these is best suited to the Grid environment from the users' perspective as well as from the resources' perspective. The results showed that when we consider a mix of risk-averse and risk-neutral users, the first-price auction protocol favors resources while the Vickrey auction protocol favors users. On the other hand, the double auction protocol favors both users and resources. Copyright © 2006 John Wiley & Sons, Ltd.