A formal proof of Vickrey's theorem by blast, simp, and rule

Manfred Kerber, Christoph Lange, Colin Rowat

Research output: Working paper/PreprintDiscussion paper

Abstract

Formal methods use computers to verify proofs or even discover new theorems. Interest in applying formal methods to problems in economics has increased in the past decade, but - to date - none of this work has been published in economics journals. This paper applies formal methods to a familiar environment - Vickrey's theorem on second-price auctions - and provides, as background, an introduction to formal methods.
Original languageEnglish
PublisherUniversity of Birmingham
Pages1-13
Number of pages13
DOIs
Publication statusPublished - 5 Jan 2014

Publication series

NameUniversity of Birmingham, Department of Economics Working Paper Series
No.14-01

Keywords

  • formal proof
  • mechanized reasoning
  • auction theory

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