Net auction java project

Auctions are among the oldest economic institutions in place. They have been used since antiquity to sell a wide variety of goods, and their basic form has remained unchanged. In this dissertation, we explore the efficiency of common auctions when values are interdependent- the value to a particular bidder may depend on information available only to others-and asymmetric. In this setting, it is well known that sealed-bid auctions do not achieve efficient allocations in general since they do not allow the information held by different bidders to be shared.

Description

Secure Net Auction System website which is used to bid from the comfort of ones own home has seen a change like never seen before. This is done through JAVA technologies. This has various technical areas. It includes WINDOWS XP as the operating System, Oracle as Database. The front end deals with GUI and source code deals with Oracle (Backend).