Title :
Publicly verifiable auctions with minimal leakage
Author :
Qianhong, Wu ; Changjie, Wang ; Xiaofeng, Chen ; Yumin, Wang
Author_Institution :
State Key Lab. of Integrated Service Networks, Xidian Univ., Xi´´an, China
Abstract :
Publicly verifiable sealed electronic auctions are proposed. The schemes enjoy the following advantages. They require no special trusted parties. After bid opening phase, only the winning price is revealed and the relation of other bidding amounts keep unknown. The winning price is publicly verifiable. Our scheme supports the first-price auction, Vickrey auction and (M+l)st-price auction. Finally, the first-price auction is very efficient and the generic (M+l)st-price auction is applicable when a high standard of security is required.
Keywords :
electronic commerce; Vickrey auction; first-price auction; publicly verifiable sealed electronic auctions; Computer science; Contracts; Information science; Intserv networks; Laboratories; Privacy; Proposals; Protocols; Security; Sun;
Conference_Titel :
Computer Software and Applications Conference, 2004. COMPSAC 2004. Proceedings of the 28th Annual International
Print_ISBN :
0-7695-2209-2
DOI :
10.1109/CMPSAC.2004.1342867