  In auction theory, cryptography has been used to achieve anonymity of the
participants, security and privacy of the bids, secure computation and to
simulate mediator (auctioneer). Auction theory focuses on revenue and
Cryptography focuses on security and privacy. Involving Cryptography at base
level, to enhance revenue gives entirely new perspective and insight to Auction
theory, thereby achieving the core goals of auction theory. In this report, we
try to investigate an interesting field of study in Auction Theory using
Cryptographic primitives.
