Modelling combinatorial auctions in linear logic

Open Access
Authors
Publication date 2010
Host editors
  • F. Lin
  • U. Sattler
  • M. Truszczynski
Book title Proceedings of the 12th International Conference on the Principles of Knowledge Representation and Reasoning (KR-2010)
ISBN
  • 9781577354512
Event 12th International Conference on the Principles of Knowledge Representation and Reasoning (KR-2010), Toronto, Canada
Pages (from-to) 71-78
Publisher Menlo Park, CA: AAAI Press
Organisations
  • Interfacultary Research - Institute for Logic, Language and Computation (ILLC)
Abstract
We show that linear logic can serve as an expressive framework in which to model a rich variety of combinatorial auction mechanisms. Due to its resource-sensitive nature, linear logic can easily represent bids in combinatorial auctions in which goods may be sold in multiple units, and we show how it naturally generalises several bidding languages familiar from the literature. Moreover, the winner determination problem, i.e., the problem of computing an allocation of goods to bidders producing a certain amount of revenue for the auctioneer, can be modelled as the problem of finding a proof for a particular linear logic sequent.
Document type Conference contribution
Language English
Published at http://aaai.org/ocs/index.php/KR/KR2010/paper/view/1264
Downloads
332978.pdf (Final published version)
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