A Double Auction-based Approach to Schedule Grid Resource

In this paper, a continuous double auction-based approach is presented to schedule grid resource, which is based on equilibrium theory and continuous double auction which realizes the optimal scheduling grid resource by the mark mechanism. Firstly, the continuous double auction mechanism is described, which includes the rules for the auction and the policy for the user' bidding. Then, it introduces the three entities in the grid, which are the user-entity, the resource-entity and the auctioneer, and it also describes separately their main tasks by this mechanism. In theory, this approach considers the user's requirement first, and it could bring the price of resource effectively and reasonably.