THEORITICAL MODE FOR e-Auction

摘要

An electronic auction is an element of electronic commerce which uses the internet for procurement. E-auction has been a popular method for retailing and purchasing products and services online. In this paper the proposed e-auction models for the most prevalent classes of auction which are: forward auction and reverse auction are presented. These online models aim at the effectiveness of biding and taking into account some important cofactors like efficient payment method and trust building measures.