Sealed Bid Auction via Active Network

Sealed Bid Auction via Active Network

Abstract- This study seeks to better understand bidding decision sustenance in numerous round auctions. It views bidding as a decision making process and attempts to determine how tools that aid different stages of the decision making process affect the quality of the bids of user. Two experiments reveal that decision support tools that impact all the stages of a bidder's decision making procedure can generate high level superiority bids. However, the answers also reveal that even with such elements, variations in auction structural elements such as the number of bidders and the numeral of auction attributes can impact the value of the bids submitted.

1. INTRODUCTION

Sealed bid auction is a type of auctioning which can be done through manually or by a using an internet. In this, bidder after observing his/her item submits a closed sealed-bid. The two highest bids are allowed to continue, for all other the auction is over. Online auction systems have been able to increase their marketing ability through the use of Internet chains. A technology of an online auction system allows markets to access bidder information dealing with who purchase, when they purchase, how they purchase and what they purchase. If the information shows that there is enough demand for a particular product, special services must be implemented to develop the bidding process. These services must be implemented in actual time, that is, as soon as data is entered in to a service unit, the results must be processed fast enough to be used immediately. Even though significant work has been done to enhance the general presentation of online auction systems, they are still basically dependent on the organization of the average system bandwidth inactivity, the reduction of the management overhead, and the minimization of coordination. The drawback of the current auction systems is the result of performing all the auction operations on the auction attendant without any sustenance from the interconnections. This results in a great amount of bid crashes, thus dropping the performance. Furthermore, many current operations do not deliver strong security tools with high system presentation such as client verification and authorization, bid validation and bid data inscription.

Active networking is a new networking model that introduces cleverness within the network by offering active processing and software design ability to network nodes and packets roaming in the network. Routers in active networks are able to accomplish calculations up to the application layer. The output is a more elastic and dominant network that can be used to speed up the arrangement of new applications. Applications that can profit from active networks include network managing, bottleneck control and multicasting. Several have been investigated for deploying active networks. Three varieties of active network architectures have appeared: active packets, in which the calculations are limited to the packets roaming in the network; active nodes, in which the calculated result comes from the nodes only; and the cross form which combines both active packets and active nodes methods. The current traditional online auction system relies on a general policy of “rapid, safe and trustworthy” to accomplish more of its missions in the required time with reduced network property. A lot of aspects of the growing mission rely on the availability of advanced computing skill and high-speed network obtainability. However, an alternative approach to achieve the required auction missions with existing networking resources is the direct implementation of the active network concept, in which an application executes a certain program over the network node.

The figure below shows that when the auction is going to end no. of bids increased.

Fig. Cumulative distributions of bidders last bids over time

2. ANALYSIS

In order for current online auction companies to increase their server performance, they must address some important issues such as increasing the bandwidth, expanding the server to cover more geographical area and distributing some of the server tasks and load. Our System provides will flow as shown in figure below:

Fig. Flow Chart of Proposed System

In addition to the above-mentioned issues, the companies should also consider the online auction drawbacks such as the following:

1. Server Overloading: Most of the current operations of online auction system are preserved all the auction purposes on the server. This will cause the server to be congested and sometime crashed.

2. Bid Collisions: Due to the fact that the server and only the server will accept and validate all the coming bids, bids might crash, so some bids will not be able to be processed.

3. Security: How to make sure that the received data is from the valid sender. How to protect the information from those who are not authorized to access it. And make sure that every application is eligible to access the server depends on the level of privilege.

4. Others: Other drawbacks such as Fraud Risk, Payment and Disappointment.

3. NEED FOR COMPUTERIZATION

Basically Computers are used to serve people to perform day to day work more efficiently, effectively and easily. The features of computers i.e. rate of work, correctness, large storage capacity, diligence has proved this thing. Automation of the system has following objectives.

a)To reduce work of operator.

b)Easy retrieval of data.

c)Report generation and Tailored paper output.

d)Fast coverage and tracing of dues.

e)Maintaining the financial operation.

f)To reduce paper work.

4. RESULTS

The below images shows that the toppers selected from list of bidders and how they get messages on their profile. In addition the bidders of the next round will bid for the product. And when the winner is selected message will be send to the winner profile.

Fig. Select Toppers

Fig. Profile of Top Bidders

Fig. Bid Details

Fig. View Winners

5. FUTURE SCOPE

This will lead to competitive level of auctioning; due to this the user can get chance and make his/her bids again. Active networks provided the discussed online auction system with a distributed structure to all the active routers. This allows bidding session to begin on each individual router. For future considerations the current structure can be expanded to function in a hierarchical configuration, the network becomes a compound of multi-layers routers; each runs an active router with different assigned services. The main auction server will distribute the items database to the edge routers of the network. Then, the biding sessions start. The clients will connect to the routers that are geographically located close to them to minimize the biding time delay. Therefore, every router will have the same item database and the same start value for each item. The item values will be different by the end of the bidding session.

6. CONCLUSION

This web application will provide better performance as compared to other one’s, and it will give you a fast, safe and trustworthy response. The network will supports and give system the proper results.

ACKNOWLEDGEMENT

This completion of the project work is a landmark in our life and its execution is inevitable in the hands of guide. We are highly indebted to “Prof. Sneha Sankhe” invaluable guidance. It is due to her enduring efforts, patience and enthusiasm which has given a sense of direction and purposefulness to this project and ultimately made it a success. I sincerely thank parents, non-teaching staff of Theem College of Engineering for their valuable time and encouragement, suggestion and guidance and special thanks to “Prof. Sneha Sankhe”.

REFERENCE

[1] Auction Types

http://www.agorics.com/~agorics/auctions/auction2.html

[2] S. Munir, “Active Networks” - A Survey, (1997)

[3] D. Tennenhouse and D. Wetherall, “Towards an Active Network Architecture,” Networks and Systems Group, MIT (1996).

[4] K. Psounis, “Active Networks: Applications, Security, Safety, and Architectures,” Stanford University. IEEE Commu. (1999).

[5] R. Kawamura and R. Stadler, “Active Distributed Management for IP Networks,” IEEE Trans. Commun. (2000).

[6] U. Legedza, D. Wetherall, and J. Guttag, “Improving the Performance of Distributed Applications using Active Networks,” MIT (1998).

[7] D. Alexander, W. Arbaugh, and A. Keromytis. “Safety and Security of Programmable Networks Infrastructures,”

University of Pennsylvania (1998).

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