• Mrs. Rama Devi
• T.Lakshmi Madhu Sai
• N.Mallika
• J.Lavanya
• S.Lakshmi Prasann ,

Cloud computing is mainly focused on resource allocation, which requires studying the interactions between customers and cloud managers. However, the recent growth in customer's demands and the exposure of private cloud providers attract the cloud managers to rent extra resources from the CP's so as to handle their backlogged tasks. For the interactions between customers and cloud managers we adopt the options-based sequential auction (OBSA's) to design cloud resource allocation. as compared to previous work our paper can handle customers with heterogeneous demands, provide truthfulness as the dominant strategy, enjoy a simple winner determination procedure and prevent the delayed entrance issue. regarding the interactions between cloud managers and CP's, we provide two parallel markets for resource gathering. We conduct a comprehensive analysis of the two markets and identify the bidding strategies of the cloud managers.

Auction theory, cloud of clouds networks, sequential auctions, options-based sequential auctions, proxy agent, cloud resource allocation, Hamilton-Jacobi-Bellman equation, dynamic markets.

"A NOVEL SEQUENTIAL AUCTION MECHANISM FOR RESOURCE ALLOCATION IN CLOUD", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.942-949, August-2018, Available :http://www.jetir.org/papers/JETIR1809A46.pdf

"A NOVEL SEQUENTIAL AUCTION MECHANISM FOR RESOURCE ALLOCATION IN CLOUD", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp942-949, August-2018, Available at : http://www.jetir.org/papers/JETIR1809A46.pdf