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dc.contributor.authorMichael, Loizos
dc.contributor.authorParkes, David C.
dc.contributor.authorPfeffer, Avi J.
dc.date.accessioned2010-04-28T15:41:55Z
dc.date.issued2005
dc.identifier.citationMichael, Loizos, David C. Parkes, and Avi Pfeffer. 2005. Specifying and monitoring market mechanisms using rights and obligations. In Agent-Mediated Electronic Commerce VI, ed. P. Faratin, J. A Rodríguez-Aguilar, 188-201. Berlin: Springer. Previously published in Lecture Notes in Computer Science 3435: 188-201.en_US
dc.identifier.isbn978-3-540-29737-6en_US
dc.identifier.issn0302-9743en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:4000305
dc.description.abstractWe provide a formal scripting language to capture the semantics of market mechanisms. The language is based on a set of well-defined principles, and is designed to capture an agent’s rights, as derived from property, and an agent’s obligations, as derived from restrictions placed on its actions, either voluntarily or as a consequence of other actions. Rights and obligations are viewed as first-class goods, from which we define fundamental axioms about well-functioning market-oriented worlds. Coupled with the scripting language is a run-time system that is able to monitor and enforce rights and obligations. Our treatment extends to represent a variety of market mechanisms, ranging from simple two-agent single-good exchanges to complicated combinatorial auctions.en_US
dc.description.sponsorshipEngineering and Applied Sciencesen_US
dc.language.isoen_USen_US
dc.publisherSpringer Verlagen_US
dc.relation.isversionofdoi:10.1007/11575726_14en_US
dc.relation.hasversionhttp://www.eecs.harvard.edu/econcs/pubs/rights_long.pdfen_US
dash.licenseLAA
dc.titleSpecifying and Monitoring Market Mechanisms Using Rights and Obligationsen_US
dc.typeMonograph or Booken_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalLecture Notes in Computer Scienceen_US
dash.depositing.authorParkes, David C.
dc.date.available2010-04-28T15:41:55Z
dc.identifier.doi10.1007/11575726_14*
dash.contributor.affiliatedPfeffer, Avi
dash.contributor.affiliatedParkes, David


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