A survey of economic models in grid computing
Future Generation Computer Systems
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Resources allocation is complex undertaking problem in distributed resources share problems. In this work, we consider the problem of engineering agents that act as proxies for the procurement of computational and data resources. By using economic models, mechanisms such as auctions may appropriate for the management of these problems. In this paper, we provide the design and theoretical analysis of auction mechanism, design the details of prices announcement, agent creation and resource situation submission, bidding rules, and temporary allocation rules. A simulation environment is established and the simulation experiments indicate that the algorithm meet the requirements of user’s QoS better than the conventional algorithms.