Design of Mechanism for Online Double Auctions:Theory and Implementation
网上双边拍卖机制设计及其实现

This paper designs the mechanisms for online double auctions that admit multiple buyers and sellers to participate in. Such auction mechanism not only accords with the characters of network but has some merits as follows: admitting bidding for the multi-unit goods; clearing online auctions; inducing truthful revelation of values by buyers and sellers; sellers no collusion. This paper also gives efficient algorithms and concrete system frame for implementation.