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18

FC
2001
Springer

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(M+1)st-Price Auction Protocol

13 years 9 months ago

(M+1)st-Price Auction Protocol

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Abstract. This paper presents a new protocol for M + 1st-price auction, a style of auction in which the highest M bidders win and pay a uniform price, determined by the (M + 1)st price. A set of distributed servers collaborates to resolve the (M + 1)st price without revealing any information in terms of bids including the winners’ bids. A new trick to jointly and securely compute the highest value as a degree of distributed polynomials is introduced. The building block requires just one round for bidders to cast bids and one round for auctioneers to determine the winners.

Hiroaki Kikuchi

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1st-price Auction | Cryptology | FC 2001 | Servers Collaborates | Uniform Price |

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Added	28 Jul 2010
Updated	28 Jul 2010
Type	Conference
Year	2001
Where	FC
Authors	Hiroaki Kikuchi

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