Auction software

Quality 0.50 · 1 view · Updated 2 months ago

Application software technology for auctions

title: "Auction software" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["online-auction-tools"] description: "Application software technology for auctions" topic_path: "general/online-auction-tools" source: "https://en.wikipedia.org/wiki/Auction_software" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Application software technology for auctions ::

Auction software is application software, that can either be deployed on a desktop, on a web server or as a smart contract on a blockchain virtual machine. This software is used by auctioneers and participants of online auctions such as eBay. Smart contracts replace an auctioneer's server, if the auctioneer is not trusted.

Online Auction companies have opened up their applications to third-party application developers to extend the capabilities and increase revenue. API interfaces were developed using XML which enable third-party developers to build applications that use the back-end of the online auction.

Economic experiments

Economists use special software to study human behavior in auctions by running auctions in a lab. There are diverse software tools for laboratory economic experiments, which allow fast programming of auctions. For instance, z-Tree programming language allows programming an experimental double auction in less than a day. This practise led to appearance of multiple scientific publications exposing results for generalized second price auctions, Dutch auctions, all-pay auctions and other auction types.

Auction websites

Auction websites reside in three categories according to the business model. These are B2B (Business to Business), B2C (Business to Customer), and C2C (Customer to Customer). eBay website serves all three business models. SAP Ariba website is dedicated to B2B. Ariba patented its auction software technology and won a case worth over $6M against Emptoris Inc. in 2009.

Smart-contract based auction

Blockchains with smart contract like Ethereum functionality allow definition, execution and enforcement of auctions between untrusted parties without the involvement of a trusted third party. A smart contract is code that is executed on top of the blockchain. Blockchain auction ensure transparency and prevent cheating by auctioneers and collusion by bidders.

Auction sniping software

Auction sniping can be done by software on the bidder's computer, or by an online sniping service. eBay Germany banned automated sniping services in 2002, but the ban was declared illegal by Berlin's County Court, and revoked.

General game playing

General game playing was also proposed for trading agents in supply chain management thereunder price negotiation in online auctions from 2003 on. Hereby, an auction can be described in a game description language.

References

References

  1. (1 December 2006). "Software frameworks for advanced procurement auction markets". Communications of the ACM.
  2. (1 August 2008). "Auction-Based Congestion Pricing". Transportation Planning and Technology.
  3. (2020). "Security with Intelligent Computing and Big-data Services". Springer International Publishing.
  4. (10 July 2020). "A secure spectrum auction scheme without the trusted party based on the smart contract". Digital Communications and Networks.
  5. (1999). "z-Tree - Zurich Toolbox for Readymade Economic Experiments - Experimenter's Manual". University of Zurich.
  6. (1 October 2019). "A dataset collected in a lab experiment for the Generalized Second Price auction". Data in Brief.
  7. (1 December 2008). "Time is money: The effect of clock speed on seller's revenue in Dutch auctions". Experimental Economics.
  8. (1 November 2010). "An experimental investigation of overdissipation in the all pay auction". European Economic Review.
  9. (2007). "Critical Success Factors for Online C2C Auction Websites–A Consumer's Perspective". Proceedings of the 6th Conference on WSEAS International Conference on Applied Computer Science - Volume 6 Zhou, China Pages: 54-58 Year of Publication: 2007.
  10. "eBay boosts its B2B business". Business Insider.
  11. "Ebay startet B2B-Marktplatz Ebay Business Supply". www.onlinehaendler-news.de.
  12. (1 November 2016). "SAP Ariba Celebrates Two Decades of Procurement Innovation". www.businesswire.com.
  13. "Corona-Krise: SAP öffnet das Ariba-Netzwerk für Einkäufer und Lieferanten". Computerworld.ch.
  14. (30 November 2020). "News from week beginning 23rd November -". Enterprise Times.
  15. "Ariba Awarded $6M In Online Auction Patent Case - Law360". www.law360.com.
  16. (2020). "Security with Intelligent Computing and Big-data Services". Springer International Publishing.
  17. (July 2019). "CReam: A Smart Contract Enabled Collusion-Resistant e-Auction". IEEE Transactions on Information Forensics and Security.
  18. Baer, Adam. (5 September 2002). "How to Outbid the Fanatics: Software That Never Sleeps". The New York Times.
  19. (25 June 2006). "On eBay, it pays to snipe". [[USA Today]].
  20. Glasner, Joanna. (23 September 2002). "eBay Bidders Sold on Sniping".
  21. Steiner, David. (25 October 2002). "eBay Germany Bans 'Sniping' Services". EcommerceBytes-NewsFlash at EcommerceBytes.com.
  22. Kurzidim, Michael. (25 September 2003). "Sniper Software doch legal".
  23. "Auction software".
  24. (2003). "Toward the Development of an Intelligent Agent for the Supply Chain Management Game of the 2003 Trading Agent Competition". University of Minnesota.
  25. (2009). "From general game descriptions to a market specification language for general trading agents". Springer.
  26. (8 March 2019). "AGAPE - An Auction LanGuage for GenerAl Auction PlayErs".
  27. (2019). "General Game Playing B-to-B Price Negotiations". CEUR Workshop Proceedings.
  28. (4 January 2020). "Business Negotiation Definition Language".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

online-auction-tools