Secure Net Auction System

Authors(3) :-Asra Begum, Hajera Nikhath, Fatima Sougra

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.

Authors and Affiliations

Asra Begum
Computer Science and Engineering, Lords Institute of Engineering and Technology, Hyderabad, Telangana, Andhra Pradesh India
Hajera Nikhath
Computer Science and Engineering, Lords Institute of Engineering and Technology, Hyderabad, Telangana, Andhra Pradesh India
Fatima Sougra
Computer Science and Engineering, Lords Institute of Engineering and Technology, Hyderabad, Telangana, Andhra Pradesh India

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Publication Details

Published in : Volume 3 | Issue 2 | March-April 2017
Date of Publication : 2017-04-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 01-04
Manuscript Number : IJSRSET17329
Publisher : Technoscience Academy

Print ISSN : 2395-1990, Online ISSN : 2394-4099

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. Citation Detection and Elimination     |     
Journal URL : https://ijsrset.com/IJSRSET17329

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