AN INTERNET TRADING PLATFORM FOR TESTING AUCTION AND EXCHANGE MECHANISMS

摘要

This paper presents a generic electronic market platform that is designed to run different kinds of auctions and exchanges. Students and researchers can use the platform to implement different electronic market mechanisms and experiments or simulate the market behavior. A generic OR/XOR bidding language that can express different OR/XOR combinations is implemented for web interface. Different auctions including combinatorial auctions, multiple-round reverse auctions and multiple homogeneous good auctions have been built and run successfully on the platform.