Grid resource management model based on combinatorial double auction with virtual seller

Baogang Li · Journal of Jilin University · 2012

A grid resource Management model based on Combinatorial Double Auction with Virtual Seller(MCDA+VS) is proposed.In MCDA+VS mechanism,a dynamic bidding strategy is established to afford participants opportunities of re-bidding in different round of an auction.As a result,the transaction ratio can be effectively increased.In addition,a virtual seller is introduced and involved in each round of auctions to transform surplus resources into trade revenue.The idea of utilizing surplus resources can lead to not only higher resource utilization but also larger trade revenue.In grid environment,the improved auction performances help to establish good economic incentive,which could attract more grid users and resource providers into grid transactions.

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