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Cloud computing systems are large-scale distributed systems, so that they focus more on large scale resource sharing, cooperation of several organizations and their use in new applications. One of the main challenges in this realm is resource allocation. There are many different ways of resource allocation in cloud computing. One of the common methods of resource allocation are economic methods. Among these methods, the auctionbased method has greater prominence compared with Fixed-Pricedoi:10.20474/-jater2.1.3 fatcat:qt34zx4xjbcbziheu64hu2qubq