Secure Net Auction System

Authors

  • 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

Keywords:

Internet, Net Auction, Bid, Secure

Abstract

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.

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International Journal of Scientific Research in Science, Engineering and Technology

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Published

2017-04-30

Issue

Volume 3, Issue 2, March-April-2017

Section

Research Articles

License

Copyright (c) IJSRSET

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
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.