2,553 research outputs found

    A process algebra based framework for promise theory

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    We present a process algebra based approach to formalize the interactions of computing devices such as the representation of policies and the resolution of conflicts. As an example we specify how promises may be used in coming to an agreement regarding a simple though practical transportation problem.Comment: 9 pages, 4 figure

    An Introduction to Mechanized Reasoning

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    Mechanized reasoning uses computers to verify proofs and to help discover new theorems. Computer scientists have applied mechanized reasoning to economic problems but -- to date -- this work has not yet been properly presented in economics journals. We introduce mechanized reasoning to economists in three ways. First, we introduce mechanized reasoning in general, describing both the techniques and their successful applications. Second, we explain how mechanized reasoning has been applied to economic problems, concentrating on the two domains that have attracted the most attention: social choice theory and auction theory. Finally, we present a detailed example of mechanized reasoning in practice by means of a proof of Vickrey's familiar theorem on second-price auctions
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