AI Seminar
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  Tuesday, February 22nd, 2005
  4:00 pm - 5:30 pm
  175 ATL (Large Conference Room)

  "Rule-Based Specification of Auction Mechanisms"
  Kevin M. Lochner
  Artificial Intelligence Laboratory
  University of Michigan

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Machine-readable specifications of auction mechanisms
facilitate configurable implementation of computational
markets, as well as standardization and formalization
of the auction design space.

In this talk I will present an implemented rule-based
scripting language for auctions, which provides constructs
for specifying temporal control structure, while supporting
orthogonal definition of mechanism policy parameters.
Through a series of examples, I show how the language can
capture much of the space of single-dimensional auctions, and
can be extended to cover other novel designs.

(This is joint work with Michael Wellman)