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Live Bidding Application: Predicting Shill Bidding Using Machine Learning

  • Conference paper
  • First Online:
Multi-disciplinary Trends in Artificial Intelligence (MIWAI 2023)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 14078))

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Abstract

Online bidding systems are a well-known method of satisfying online buyers’ and sellers’ expectations since they allow both parties to buy and sell goods at competitive prices. A live auction is used to implement the online bidding system, allowing multiple bidders to participate at once. Together, these bidders may place a bid on any item. You can sell anything on the website with this app from your home or a store. It is being created with the intention of making the system dependable, simple, and quick. Everyone can now take part in an auction while relaxing in their own homes. Despite the popularity of internet auctions, there are numerous dishonest buying or selling practises that might take place. One of the trickiest forms of auction fraud to spot among all of them is shill bidding. Shill bidding is when a seller participates in his or her own auction while purposefully placing a false bid to raise the price at the end. The seller may do this on his or her own, or a third party may work along with the seller to submit fictitious bids on the seller’s behalf.

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Correspondence to Vikram Neerugatti .

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Mudlapur, C., Jain, S., Mittal, S., Jain, P., Neerugatti, V. (2023). Live Bidding Application: Predicting Shill Bidding Using Machine Learning. In: Morusupalli, R., Dandibhotla, T.S., Atluri, V.V., Windridge, D., Lingras, P., Komati, V.R. (eds) Multi-disciplinary Trends in Artificial Intelligence. MIWAI 2023. Lecture Notes in Computer Science(), vol 14078. Springer, Cham. https://doi.org/10.1007/978-3-031-36402-0_29

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  • DOI: https://doi.org/10.1007/978-3-031-36402-0_29

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-36401-3

  • Online ISBN: 978-3-031-36402-0

  • eBook Packages: Computer ScienceComputer Science (R0)

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