• The Journal of Fisheries Business Administration
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• v.25 no.2
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• pp.89-102
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• 1994

This paper is to survey the major results of the game-theoretic models and recent research directions of the literature on auctions and competitive biddings. This paper classifies the auctions and competitive biddings into the following four major types:(i) English auction, (ii) Dutch auction, (iii) the first-price sealed-bid auction, (iv) the second-price sealed-bid auction. In order to survey the major ideas related to auctions and competitive biddings, we use two representative theoretical models developed under the game-theoretic framework : (i) the independent private value model are summarized as follows ; (1) The Dutch auction and the first-price auction are strategically equivalent, and so are the English auction and the second-price auction. (2) At the symmetric equilibria, the expected selling price is the same for all four types of auction. Meanwhile, the major results of the general model are as follows ; (1) When bidders are uncertain about their value extimate, the English and second-price auctions are not equivalent, but the dutch and the first-price auctions are still strategically equivalent. (2) The English auction generates the higher expected prices than the second-price auction. Also, when bidders are risk-neutral, the second-price auction generated higher average prices than the Dutch and the first-price auctions.

• Proceedings of the Korea Inteligent Information System Society Conference
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• 2001.01a
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• pp.78-82
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• 2001

Most of current Internet auction systems are simple server programs that partly automated the function of the conventional auction house. These system do not provide sufficient independence, distribution and parallelism between the functions of the conventional auction house. In there are automated by server program, but still users need to execute a repetitive task to monitor the dynamic progress of a certain auction, decide proper bid price, and submit the bid. Another problem is that they support only single as English auction and Dutch auction, but they do not support the double auctions are superior to the single auction with respect to speed., efficiency, and the fair distribution of profit. In this paper, we present design and implement of an agent-based continuous double auction system, called CoDABot, in order to mitigate the limitations of current auctions system. CoDABot supports continuous double auction, provides various bidding agent for users to select, and has been implemented into a multi-agent system that realize more independent, distributed, and parallel subsystems.

• Journal of KIISE:Computing Practices and Letters
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• v.7 no.6
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• pp.641-652
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• 2001

Most of current internet auction systems are single auction server program that partly automates the function of the conventional auction house. So these systems do not provide sufficient independence, distribution and parallelism between the functions of the conventional auction house. In these suction systems, only some of suction management facilities are automated by the server program, but still users need to execute a repetitive task to monitor the dynamic progress of a certain auction, decide the proper bid price, and submit the bid. Another problem is that they support only the single auctions such as English suction and Dutch auction, but they do not support the double auctions that are superior to the single auction in terms of speed, efficiency, and the fair distribution of profit. In this paper, we present are design and implement of an agent-based continuous double auction system, called CoDABot, in order to overcome the limitations of current auction systems. CoDABot supports the continuous double auction, provides various bidding agents for users to select, and has been implemented with a multi-agent system to realize more independent, and parallel subsystems.

• Proceedings of the Korean Society of Computer Information Conference
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• 2022.07a
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• pp.445-446
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• 2022

본 논문은 시세정보를 활용한 적정한 가격으로 경매를 할 수 있는 전자상거래를 연구하였다. 일반적인 전자상거래는 물건의 적정한 가격 정보 없이 등록 및 구매가 진행된다. 하지만 본 연구는 시세 조회를 이용한 가격 비교를 통해 거래가 적합한 금액에 이루어지는지 확인할 수 있도록 가격정보를 제공한다. 경매 시스템은 일반적인 경매방식인 최저가에서 시작해 점점 가격을 올려 최후의 구매자에게 판매하는 영국식 경매와 가장 높은 금액을 제시한 순서대로 구매자들의 순위가 정해지며 1순위가 2순위의 금액에 입찰 단위 금액을 포함해 구매하는 비딩 경매를 함께 사용한다. 또한, 시간이 부족하거나 경매가 어려운 사용자들을 위해 자신이 지불할 수 있는 최고가를 설정하면 시스템이 스스로 입찰을 해주는 예약 입찰을 추가해 사용자들에게 편리함을 제공한다.

• Proceedings of the Korea Institutes of Information Security and Cryptology Conference
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• 2002.11a
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• pp.369-372
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• 2002

An anonymous authentication scheme allows a user to identify himself as a member of a group of users in a secure and anonymous way. It seems to be crucial and indispensable components in English auction, electronic voting and open procurement, which are getting very popular business areas in E-commerce. First, we briefly describe the previous anonymous authentication protocols how to work and what cryptographic techniques adopted to increase performance and achieve anonymity. Second, we compare those protocols from the viewpoint of the communication and computation complexity and the specific cryptographic techniques used in their protocols.