1st International ICST Conference on Communications and Networking in China

Research Article

An Novel Auction Algorithm for Resource Management in Grid Environment

  • @INPROCEEDINGS{10.1109/CHINACOM.2006.344654,
        author={Yang Yang and Zhimin  Tian and Zhengli Zhai and Li  Liu},
        title={An Novel Auction Algorithm for Resource Management in Grid Environment},
        proceedings={1st International ICST Conference on Communications and Networking in China},
        publisher={IEEE},
        proceedings_a={CHINACOM},
        year={2007},
        month={4},
        keywords={},
        doi={10.1109/CHINACOM.2006.344654}
    }
    
  • Yang Yang
    Zhimin Tian
    Zhengli Zhai
    Li Liu
    Year: 2007
    An Novel Auction Algorithm for Resource Management in Grid Environment
    CHINACOM
    IEEE
    DOI: 10.1109/CHINACOM.2006.344654
Yang Yang1, Zhimin Tian1,*, Zhengli Zhai1, Li Liu1
  • 1: School of Information Engineering, University Science & Technology Beijing
*Contact email: t_zhm@163.com

Abstract

In grid computing, resource management has been paid a great deal of attention. Market-based mechanisms such as auctions are being studied as an appropriate means. In order to promote the user transaction positivity it is required to manage the bidding policy of the agent. Therefore, we introduce the budget factor and risk factor in auction mechanism for grid resource management. On one hand, the grid auction system can reach temporary balance state by selecting an appropriate budget factor. Furthermore, the convergence speed of the system becomes fast. On the other hand, we have resolved the users' preference by risk factor. At last, we illustrate that the choice of the budget factor and risk factor is very important in our algorithm.