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ICIS
2000

Economic mechanism design for securing online auctions

9 years 9 months ago
Economic mechanism design for securing online auctions
Enhancing e-commerce security through computing technology alone is not sufficient. E-commerce designers should apply economic mechanisms to design proper digital processes that accommodate new perspectives raised in e-commerce. For instance, traditional auction mechanisms, such as the Generalized Vickrey Auction, are vulnerable to false-name bidding, an online fraud exploiting the lack of authentication over the Internet. We develop a Sealed-bid Multi-round Auction Protocol (S-MAP), which sells multi-unit identical goods. SMAP is not only robust against false-name bidding but also simple and efficient.
Wenli Wang, Zoltán Hidvégi, Andrew B
Added 01 Nov 2010
Updated 01 Nov 2010
Type Conference
Year 2000
Where ICIS
Authors Wenli Wang, Zoltán Hidvégi, Andrew B. Whinston
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