A Generic Internet Trading Framework for Online Auctions
Dong-Qing Yao (Towson University, USA), Dong-Qing Qiao (University of Maryland, USA) and Haibing Qiao (FileNet Corporation, USA)
Copyright: © 2007
In this chapter, we introduce a generic Internet trading framework for online auctions. We present the requirements and service of the framework. A generic OR/XOR bidding language that can express different OR/XOR combinations is adopted for Web interfaces. The framework is implemented with free open-source technologies already successfully tested in industries. Researchers can use the platform to implement different electronic-market mechanisms, simulate the market behavior of their interests, and experiment with it. We also provide future directions for the framework design.