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Interleaving Cryptography and Mechanism Design: The Case of Online Auctions
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Abstract: | We propose a new cryptographically protected multi-round auction mechanism for online auctions. This auction mechanism is designed to provide (in this order) security, cognitive convenience, and round-effectiveness. One can vary internal parameters of the mechanism to trade off bid privacy and cognitive costs, or cognitive costs and the number of rounds. We are aware of no previous work that interleaves cryptography explicitly with the mechanism design. |
BibTeX
@misc{eprint-2003-11739, title={Interleaving Cryptography and Mechanism Design: The Case of Online Auctions}, booktitle={IACR Eprint archive}, keywords={auctions, cognitive costs, cryptography, mechanism design, privacy}, url={http://eprint.iacr.org/2003/021}, note={Accepted to Financial Cryptography 2004 helger@tcs.hut.fi 12416 received 3 Feb 2003, last revised 30 Dec 2003}, author={Edith Elkind and Helger Lipmaa}, year=2003 }