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Computer Science Optimization Of Reverse auction: Reverse Auction
Linnaeus University, Faculty of Technology, Department of Computer Science.
2017 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
E-Auction : Electronic Auction (English)
Abstract [en]

Many people still confused and misunderstand the differences between auction types: In fact, we have only two major types of auctions which are the forward auction and Reverse auction[22]. In a forward auction a single seller offers an item for sale with many competitive buyers driving the price upward: In a Reverse Auction, a single buyer wants to purchase a service or an item from many sellers, they drive the price downward: There are many differences between these type of auction: Including the progress of the auctions; winner selection criterion and other factors:

The Reverse Auction nowadays is one of the most preferred types of online auctions: It gains popularity rapidly because of representing the buyers' side and helps him to drive prices down in contrary with the forward auction or traditional auction.

The aim of this study is to identify the most common types of the Reverse auctions and compare them to one another to determine when should be used by a buyer and propose the most efficient implementation model for some types:

The results of this study are: achieve a written report and a small demonstrator model on how to implement English Auction and Second-Sealed bid Auction.

Place, publisher, year, edition, pages
2017. , p. 38
Keywords [en]
Reverse Auction, Electronic Auction, E-auction, E-procurement, Online Auction, Buyer, Seller, Purchaser, Bidding, Reverse English auction Reverse Dutch auction, Reverse Yankee Auction, Reverse Japanese Auction, Reverse Sealed bid auction, Reverse Vickrey Auction
National Category
Engineering and Technology
Identifiers
URN: urn:nbn:se:lnu:diva-68140OAI: oai:DiVA.org:lnu-68140DiVA, id: diva2:1146114
External cooperation
Proposal Factory
Subject / course
Computer Science
Educational program
Computer Engineering Programme, 180 credits
Supervisors
Examiners
Available from: 2017-10-02 Created: 2017-10-02 Last updated: 2017-10-02Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf