RAS: a system for supporting research in online auctions

Online auctioning is unparalleled as rhe fastest growing exchange medium to emerge from electronic commerce technology. Buyers and sellers located around the world now auction various items from the latest DVD to rare collectibles. eBay and uBid are among the most successful and popular of the commercial online auctioneers. They use an auctioning process based on a type of auction referred to as an English auction. In an English auction. bidders outbid each other for an item. The winner is the bidder with the highest bid.

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