TITLE: ONLINE AUCTION SYSTEM

Harpreet Singh.

Department of Computer Science,Graphic Era Hill University

Cleman Town(248001), Dehradun,Uttarakhand.

Email : hs3768314@gmail.com

Abstract

Aims: In today’s world everything is going online which effects market that are offline. Auction of

any rare products are bid offline, but it’s time to push this auction system online so that more

buyer’s will connect online and more bid options will available for them. Online auctions are the

most influential e-commerce business applications. Although there have been considerable efforts

in setting up market places, online trading still lays in its early stages. Online auction system is the

best way to bid such a products who are rare and can’t find easily anywhere. This is mostly work for

archaeological old products that are rare. Methods: The most impressing concept of online auction

system is you don’t need to anywhere offline. It’s the system where you can bid online without

investing your time and bid for particular products. Results: Using this system buyers, sellers come

online and connect on web-portal using this system. Conclusion: In this system using this web-

portal registered user can propose or bid for new auctions, purchase and place bid product in order

to buy that item.

Introduction

The global reach of online auction market places allows for the buyers and sellers to overcome

geographical constraints and purchase products anytime from anywhere over the internet. The

online auction market provides the consumers with great advantages of low prices, greater product

selection and greater efficiency compared to the usual traditional offline markets (Ghose et al,
2006). The use of online auction system makes use of the decision making assistance tool that

results in greater buyer’s certainty towards their choice of the seller’s and product that they make.

The decision making assistance tool consists of three parts that is the product information signals,

seller’s rating scores and seller’s shilling activities.A few decades down the line, auctions were

carried in auction houses and the bids were made with the auctioneer delegating the bids and this

method required the physical presence of the bidders, thus it resulted in a number of limitations.

This led to the use of online auctioning which allow for the auctions to be carried out over the

internet from anywhere in the world. The advent of online auctions presents on its own, different

downsides due to the lack of proper evaluation techniques of the products and the sellers. The

current systems do not allow for proper description of the of the kind of sellers and the kind of

products that they sell. These systems do not provide enough detailed information to evaluate the

type of sellers and their products. This result in the buyers uncertainty thus resulting in the reduced

effectiveness of the online auctions making people opt for offline auction markets. The problem

that usually arises in online auction is that of the buyer’s uncertainty towards the sellers and their

products due to the lack of physical evaluation of the products (Pavlou, 2008). Despite the

increased numerous advantages of online auction there are problems that are still present, unlike

in offline markets where buyers can physically evaluate the product quality and interact directly

with the sellers, in online markets the buyers do not have such opportunity as the buyers only get

to evaluate the product quality via the internet interface that cannot perfectly describe the

products (Melnik et al, 2005). Aim To implement an online auction system for the buyers and

sellers.the buyers and sellers that are located within Zimbabwe. Only registered potential buyers

and sellers participate in any of the auctioning process.

Literature Review
This chapter basically looks at the current online auction systems that are in use and state their

strengths and weaknesses. The purpose of this chapter is to outline the evolution of auction

systems, explain their general structure.

This chapter is going to look at the different kind of systems that are available and explain how the

new system is different from the rest of the other systems and how it is of great benefit to develop

such kind of system. The system that is developed addresses the different kind of weaknesses that

exist in current system thus resulting in the development of a more effective online auction system.

Electronic markets especially those based on the internet have become popular by providing

platforms to conduct business transactions (Brien, 2001). In fact, it can be argued that the auction

based electronic markets best represent the changes to business inherent in e-commerce. Auction

systems are a major component of the electronic marketplace that allow users at any site to sell

and buy products. The sellers set up auctions for their different products while the purchaser who

bids the highest amount wins the right to purchase the product in an auction.

Evolution Of Auction Systems

Back in the history of auctions it was relatively not the most common way to negotiate the of goods

or commodities. It was overlooked as most people preferred buying using the set-price. Before the

seventeenth century the few auctions that were held were sporadic. Nonetheless, auctions have a

long history, having been recorded as early as 500 B.C. According to Herodotus, in Babylon auctions

of women for marriage were held annually. The auctions began with the woman the auctioneer

considered to be the most beautiful and progressed to the least. It was considered illegal to allow a

daughter to be sold outside of the auction method

The primary auction types are the English auction, Dutch auction, first price sealed-bid auction and

second price sealed-bid auction (also known as Vickrey auction).

English Auctions

One of the most known and commonly used type of auction is the English auction. In the English

auction the items for sale is put up for auction starting at a relatively low minimum price then the

different bidders are then allowed to place their bids until the auction closes. These auctions last

for a fixed duration of time which can be for hours or days. Every time a new bid item is registered,

the auction time period is set, the auction closes the time-out expires (Dong, 2007). For this project

the English auction is the type of auction that is most appropriate due to its simplistic nature which

allows it to be easily understood by different people.

Dutch Auctions

The Dutch auction is a type of descending-price auction. This type of auction requests a high price

at the beginning, and then the price is systematically lowered gradually until a participant is willing

to accept the price, or a predetermined minimum price is reached.

Ebay Auction System

Online auctions, in particular, exemplify a huge growth rate that was made possible by Internet

technology. EBay, the premier online auction retailer with over 80% of the online auction market,

boasts that, on any given day, there are more than 12 million items listed on eBay across over

18,000 categories. In the second quarter of 2003, EBay reported record net revenues of $509.3

million, up 91% from the same period in 2002 (Springer-Verlag, 2004). The major beauty of eBay

has long been the fact that anyone can sign up and start selling without any experience or

complicated store front set-up. Even sellers without stores even get 100 free listings a month under
its fee structure. This type of selling has attracted many smaller scale sellers over the years but

rising fees and increasing feedback and customer service requirements have alienated many.

EBay provides a lot of buyers with the convenience of shopping online. EBay also offers

international shipping to many purchasers around the world. Still, whether you are buying or selling

on eBay, there are a number of disadvantages that are evident and this project addresses some of

these disadvantages that are presented by eBay auction. The advent of online auctions such as

eBay and uBid has made shill bidding much more exploitable. This is because it is relatively simple

for a seller to register under many aliases and operate this illegal fraud. eBay has been involved in

many legal disputes where the bidders and the sellers have been accused of shilling (Schwartz et al,

2002). EBay has a policy for shilling that clearly outlines the penalties for shill bidding. The regular

process for the bidder who suspects that that they have been shilled is to contact eBay, who then

investigates the incident. With the new system it provides the shill scores for the different buyers

there is no need to first make calls to make complains.

Methodology

This chapter discusses the different research methodologies and the software development

methodologies that are to be considered for this project and the ones that are to be used in the

development of the online auction system. The term methodology refers to a systematic way of

carrying out all the activities, by providing a framework of development.

Research methodology is a collective term for the structured process of conducting research. 

There are many different methodologies used in various types of research and the term is usually

considered to include research design, data gathering and data analysis.

One of the research methodologies that was consider for this online auction project was the formal

methodology. In the study of computer science formal methodologies are mostly used to prove

facts about algorithms and systems.

The other research methodology that was considered but not taken as the best option for this

project was the experimental methodology.

Experimental method requires good record keeping which makes it possible to retrieve and check

them later. The is need for great care to be taken when keeping the records as most computer

science researchers tend not to careful when keeping the records. Speed is an important factor

during the exploratory phase of an experimental work. Thus this phase usually proceeds with less

care than it should. Once this exploratory phase is over, a researcher should document the findings

and carefully describe the experimental setup, as well as the characteristics of the hardware and

software used for the evaluation phase. In the experimental methodology it is important to

document and report the experimental evaluation.

Simulation Methodology

The simulation methodology provides different ways to investigate the system by altering the

difference parameter values and observing the effects of changing these parameters. In the online

auction system simulation involves changing the different parameters like the number of bidders

allowed per each bid or the maximum amount of time allowed for each bid, after changing these

parameters the effects of changing these parameters are then evaluated and considered in the

development of the system the online auction system.

This methodology involves the construction of the artifact must be new or it must include new

features that have not been demonstrated before in other artifacts and these new features

involves the use of a matrix to determine the seller’s and the other feature is the use of the

detailed feedback rating as opposed to the use positive, negative or neutral to provide the

feedback.
Whenever a research question leads to the building of a software system, the researchers involved

should consider the following set of good practices design the software system no matter how

simple the system is. In choosing a programming language there are various factors that have to be

considered which are reliability, expressiveness, run-time speed and available libraries.

Testing and Turnover: The overall amount of testing time is reduced in RAD model as the

prototypes are independently tested during every iteration. However on the other hand the data

flow and the interfaces between all the components need to be thoroughly tested with complete

test coverage. It reduces the chances of major issues since most of the programming components

have already been tested.

Conclusion

This chapter analysed various types research methodologies as well as software development

methodologies. Build methodology was chosen as the suitable research methodology. This chapter

also provided justification for the choice of RAD as our software development methodology and

provided reasons as to why other different methodologies were not chosen. Tools that are to be

used in the development of the auction system were also discussed.

REFERENCIES
https://www.researchgatenet/publication/337415279_SECURE_ONLINE_AUCTIONSYSTEM

https://web.archive.org/web/20190503090329/http://auction-computer-line.ad4u.com/

https://papers.ssrn,com/sol3/papers.cfm?abstract_id=3431228