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7th International Conference on e-Commerce in Developing Countries:with focus on e-Security
Auctions have been as a competitive method of buying and selling valuable or rare items for a long time. Single-sided auctions in which participants negotiate on a single attribute (e.g. price) are very popular. Double auctions and negotiation on multiple attributes create more advantages compared to single-sided and single-attribute auctions. Nonetheless, this adds the complexity of the auction. Any auction mechanism needs to be budget balanced, Pareto optimal, individually rational, anddoi:10.1109/ecdc.2013.6556724 fatcat:ri7lx54tyfeh3d26xwizcn4wwi