English

Meta-mechanisms for Combinatorial Auctions over Social Networks

Computer Science and Game Theory 2024-08-09 v1

Abstract

Recently there has been a large amount of research designing mechanisms for auction scenarios where the bidders are connected in a social network. Different from the existing studies in this field that focus on specific auction scenarios e.g. single-unit auction and multi-unit auction, this paper considers the following question: is it possible to design a scheme that, given a classical auction scenario and a mechanism M~\tilde{\mathcal{M}} suited for it, produces a mechanism in the network setting that preserves the key properties of M~\tilde{\mathcal{M}}? To answer this question, we design meta-mechanisms that provide a uniform way of transforming mechanisms from classical models to mechanisms over networks and prove that the desirable properties are preserved by our meta-mechanisms. Our meta-mechanisms provide solutions to combinatorial auction scenarios in the network setting: (1) combinatorial auction with single-minded buyers and (2) combinatorial auction with general monotone valuation. To the best of our knowledge, this is the first work that designs combinatorial auctions over a social network.

Keywords

Cite

@article{arxiv.2408.04555,
  title  = {Meta-mechanisms for Combinatorial Auctions over Social Networks},
  author = {Yuan Fang and Mengxiao Zhang and Jiamou Liu and Bakh Khoussainov},
  journal= {arXiv preprint arXiv:2408.04555},
  year   = {2024}
}
R2 v1 2026-06-28T18:07:51.871Z