Research on grid resource allocation based on equivalent price

An equivalent price based algorithm is proposed, which applies the combinatorial double auction and trust theories into grid resource allocation and pricing. Firstly the price adjusting function is designed, which maps the nodes' bid prices under various trust values into the equivalent prices under base trust degree. Then the grid resources are allocated and priced based on combinatorial double auction. Simulations show the algorithm has high trade rate, reliable security and efficient incentive mechanisms.