Abstract
This paper presents an efficient secure auction protocol for M +1st price auction. In our proposed protocol, bidding prices are represented as binary numbers. Thus, when the bidding price is an integer up to p and the number of bidders is m, the complexity of our protocol is a polynomial of log p and m, while in previous secure M + 1st price auction protocols, the complexity is a polynomial of p and m. We apply the Boneh-Goh-Nissim encryption to the mix-and-match protocol to reduce the computation costs.
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More From: IEICE Transactions on Fundamentals of Electronics, Communications and Computer Sciences
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