Mumbai University > Information Technology > Sem 7 > E–Commerce & E-Business

Marks: 10 M

Year: May 2013, May 2014

1. Introduction:

   i. Auctions have been highlighted as one of the new Business models for the internet.

   ii. It involves determination of the basis for product or service exchange between a buyer and seller according to particular trading rules.

2. Mechanisms of auctions:

   The different mechanisms of online auctions are as follows: …