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Secure Net Auction System


Asra Begum, Hajera Nikhath, Fatima Sougra
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Auctions are among the oldest economic institutions in place. They have been used since antiquity to sell a wide variety of goods, and their basic form has remained unchanged. In this dissertation, we explore the efficiency of common auctions when values are interdependent- the value to a particular bidder may depend on information available only to others-and asymmetric. In this setting, it is well known that sealed-bid auctions do not achieve efficient allocations in general since they do not allow the information held by different bidders to be shared.

Asra Begum, Hajera Nikhath, Fatima Sougra

Internet, Net Auction, Bid, Secure

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Publication Details

Published in : Volume 3 | Issue 2 | March-April - 2017
Date of Publication Print ISSN Online ISSN
2017-04-30 2395-1990 2394-4099
Page(s) Manuscript Number   Publisher
01-04 IJSRSET17329   Technoscience Academy

Cite This Article

Asra Begum, Hajera Nikhath, Fatima Sougra, "Secure Net Auction System", International Journal of Scientific Research in Science, Engineering and Technology(IJSRSET), Print ISSN : 2395-1990, Online ISSN : 2394-4099, Volume 3, Issue 2, pp.01-04, March-April-2017.
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