A Novel Approach to Fully Private and Secure Auction: A Sealed Bid Knapsack Auction
Cryptography and Security
2012-11-14 v1 Computers and Society
Abstract
In an electronic auction protocol, the main participants are the seller, a set of trusted auctioneer(s) and the set of bidders. In this paper we consider the situation where there is a seller and a set of n bidders intending to come to an agreement on the selling price of a certain good. Full private or bidder-resolved auction means that this agreement is reached without the help of trusted parties or auctioneers. Therefore, only the seller and the set of bidders are involved, the role of the auctioneers becomes obsolete in this case. property.We propose a new technique for the design of a full private sealed-bid auction protocol.
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Cite
@article{arxiv.1211.2875,
title = {A Novel Approach to Fully Private and Secure Auction: A Sealed Bid Knapsack Auction},
author = {Maged hamada Ibrahim},
journal= {arXiv preprint arXiv:1211.2875},
year = {2012}
}
Comments
10 pages