Instructor: Amy Greenwald
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