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Liao, Gen-Yih; Hwang, Jing-Jang – Internet Research, 2001
Describes an Internet auction model achieving verifiable fairness, a requirement aimed at enhancing the trust of bidders in auctioneers. Analysis results demonstrate that the proposed model satisfies various requirements regarding fairness and privacy. Moreover, in the proposed model, the losing bids remain sealed. (Author/AEF)
Descriptors: Business, Computer Oriented Programs, Computer Security, Consumer Economics