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Auction Oriented Approach for Resource Management in Grid Computing

Keywords: Grid computing , Resource management , Economic

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Abstract:

Grid computing, emerging as a new paradigm for next-generationcomputing, enables the sharing, selection, and aggregation ofgeographically distributed heterogeneous resources for solvinglarge-scale problems in science, engineering, and commerce. Theresources in the Grid are heterogeneous and geographicallydistributed. The paper demonstrates the capability of economicbasedsystems for wide-area parallel and distributed computingby using auction-oriented approach. In this paper implementationof the various auction models-English Auction, Dutch Auction,First-Price Sealed Auction, Continuous Double Auction is done.Also these models are compared.

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