English

Better Approximation for Interdependent SOS Valuations

Computer Science and Game Theory 2022-10-14 v1

Abstract

Submodular over signal (SOS) defines a family of interesting functions for which there exist truthful mechanisms with constant approximation to the social welfare for agents with interdependent valuations. The best-known truthful auction is of 44-approximation and a lower bound of 2 was proved. We propose a new and simple truthful mechanism to achieve an approximation ratio of 3.315.

Cite

@article{arxiv.2210.06507,
  title  = {Better Approximation for Interdependent SOS Valuations},
  author = {Pinyan Lu and Enze Sun and Chenghan Zhou},
  journal= {arXiv preprint arXiv:2210.06507},
  year   = {2022}
}
R2 v1 2026-06-28T03:28:57.949Z