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AUCTION-BASED RESOURCE ALLOCATION PROTOCOLS IN GRIDS

In this paper, we study the auction model for resource management using the SimGrid simulation framework. We investigate three types of auction allocation protocols: (i) First-Price Auction, (ii) Vickrey Auction and (iii) Double Auction. The goal is to find which one is best suitable for the grid environment from users’ perspective as well as from resources’ perspective. The results showed that when we consider a mix of risk-averse and risk-neutral users First-Price Auction favors resources while Vickrey Auction favors users. On the other hand the Double Auction favors both users and resources.