KM Lochner and MP Wellman

to appear, Third International Joint Conference on Autonomous Agents and Multi-Agent Systems (AAMAS-04), New York, July 2004.
Copyright (c) 2004, Lochner and Wellman

Abstract

Machine-readable specifications of auction mechanisms facilitate configurable implementation of computational markets, as well as standardization and formalization of the auction design space. We 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, we show how the language can capture much of the space of single-dimensional auctions, and can be extended to cover other novel designs.

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