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USENIX Technical Program - Paper - Proceedings of the 3rd USENIX Workshop on Electronic Commerce, 1998    [Technical Program]

Pp. 61–74 of the Proceedings

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Electronic Auctions with Private Bids

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Auctions are a fundamental electronic commerce technology. We describe a set of protocols for performing sealed-bid electronic auctions which preserve the privacy of the submitted bids using a form of secure distributed computation. Bids are never revealed to any party, even after the auction is completed. Both first-price and second-price (Vickrey) auctions are supported, and the computational costs of the methods are low enough to allow their use in many real-world auction situations.

Doug Tygar
Wed Jul 22 10:16:16 EDT 1998

This paper was originally published in the 3rd USENIX Workshop on Electronic Commerce, 1998
Last changed: 8 April 2002 ml
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