TA: Jordan Berg
Meeting time: Mondays 3:00 PM
Meeting location: CIT Room 368
Credits: 0.5; may be repeated
The Dutch Flower Auctions (DFA) clear over 100,000 auctions per day, each lasting on average between 3 and 5 seconds! This semester, we'll study the mechanism through which the DFA distribute 2/3 of the world's flowers, focusing on both the sellers' and buyers' decision-making processes. More generally, we'll research ways to automate and optimize decision-making in time-critical, information-rich environments, like the DFA.
Date | Topic | Reading |
---|---|---|
Sep 13 | Introduction to the Dutch Flower Auctions | Read (or at least Skim) Tulipomania: The Story of the World's Most Coveted Flower and the Extraordinary Passions It Aroused. |
Sep 20 | The Revenue Equivalence Theorem | Steve Matthews' Auction Primer |
Sep 27 | The Trading Agent Competition | TAC Travel Game Specification
(RoxyBot) TAC AA Game Specification (Schlemazl) |
Oct 4 | Guest Lecturer: Patrick Jordan | TBA |
Oct 11 | Columbus Day | Long Weekend |
Oct 18 | The Auctioneers' Side | Real-Time Support for Auctioneers to Determine Optimal Clock Start for Multi-unit Sequential Auctions |
Oct 25 | Class Cancelled | Please attend at least 2 out of the 4 interdisciplinary econ/CS seminars this week! |
Nov 1 | Electronic Innovations and the DFA | Re-engineering the Dutch flower auctions: a framework for analyzing exchange organizations |
Nov 8 | The Bidders' Side | TBA |
Nov 15 | TBA | TBA |
Nov 22 | TBA | TBA |
Nov 29 | TBA | TBA |