NDLI: Secure second price auctions with a rational auctioneer

Content Provider	IEEE Xplore Digital Library
Author	Catane, Boaz Herzberg, Amir
Copyright Year	2013
Description	Author affiliation: Department of Computer Science, Bar Ilan University, Ramat Gan, 52900, Israel (Catane, Boaz; Herzberg, Amir)
Abstract	We present novel security requirements for second price auctions and a simple, efficient and practical protocol that provably maintains these requirements. Novel requirements are needed because commonly used requirements, such as the indistinguishability-based secrecy requirement of encryption schemes presented by (Goldwasser and Micali, 1982), do not fit properly in the second price auctions context. Additionally, the presented protocol uses a trustworthy supervisor that checks if the auctioneer deviated from the protocol and fines him accordingly. By making sure the expected utility of the auctioneer when deviating from the protocol is lower than his expected utility when abiding by the protocol we ascertain that a rational auctioneer will abide by the protocol. This allows the supervisor to optimize by performing (computationally-intensive) inspections of the auctioneer with only low probability.
Starting Page	1
Ending Page	12
File Size	268397
Page Count	12
File Format	PDF
ISBN	9789897581311
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-07-29
Publisher Place	Iceland
Access Restriction	Subscribed
Rights Holder	SCITEPRESS
Subject Keyword	Context Privacy Protocols Cryptographic Protocols Cryptographic Auction Schemes Auctions Encryption Cost accounting Vickrey Auctions
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Secure second price auctions with a rational auctioneer.

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