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We study allocation mechanisms that utilize costly signaling as a screening tool. A social planner aims to maximize social welfare, defined as the weighted sum of agents' utilities, while implementing a specific allocation rule. Within a…

Theoretical Economics · Economics 2026-03-04 Yingkai Li , Xiaoyun Qiu

Computational and economic results suggest that social welfare maximization and combinatorial auction design are much easier when bidders' valuations satisfy the "gross substitutes" condition. The goal of this paper is to evaluate…

Computer Science and Game Theory · Computer Science 2016-08-09 Tim Roughgarden , Inbal Talgam-Cohen , Jan Vondrák

We consider committee election of $k \geq 2$ (out of $m \geq k+1$) candidates, where the voters and the candidates are associated with locations on the real line. Each voter's cardinal preferences over candidates correspond to her distance…

Computer Science and Game Theory · Computer Science 2024-09-10 Dimitris Fotakis , Laurent Gourvès , Panagiotis Patsilinakos

We present a computationally-efficient truthful mechanism for combinatorial auctions with subadditive bidders that achieves an $O((\log\!\log{m})^3)$-approximation to the maximum welfare in expectation using $O(n)$ demand queries; here $m$…

Computer Science and Game Theory · Computer Science 2020-10-06 Sepehr Assadi , Thomas Kesselheim , Sahil Singla

{\em Distortion} is a well-established notion for quantifying the loss of social welfare that may occur in voting. As voting rules take as input only ordinal information, they are essentially forced to neglect the exact values the agents…

Computer Science and Game Theory · Computer Science 2024-10-15 Ioannis Caragiannis , Karl Fehrs

We consider a voting problem in which a set of agents have metric preferences over a set of alternatives, and are also partitioned into disjoint groups. Given information about the preferences of the agents and their groups, our goal is to…

Computer Science and Game Theory · Computer Science 2024-04-23 Georgios Amanatidis , Elliot Anshelevich , Christopher Jerrett , Alexandros A. Voudouris

In multiwinner approval voting, the goal is to select $k$-member committees based on voters' approval ballots. A well-studied concept of proportionality in this context is the justified representation (JR) axiom, which demands that no large…

Computer Science and Game Theory · Computer Science 2024-09-10 Edith Elkind , Piotr Faliszewski , Ayumi Igarashi , Pasin Manurangsi , Ulrike Schmidt-Kraepelin , Warut Suksompong

Randomized mechanisms, which map a set of bids to a probability distribution over outcomes rather than a single outcome, are an important but ill-understood area of computational mechanism design. We investigate the role of randomized…

Computer Science and Game Theory · Computer Science 2009-04-17 Patrick Briest , Shuchi Chawla , Robert Kleinberg , S. Matthew Weinberg

Budget feasible mechanisms, recently initiated by Singer (FOCS 2010), extend algorithmic mechanism design problems to a realistic setting with a budget constraint. We consider the problem of designing truthful budget feasible mechanisms for…

Computer Science and Game Theory · Computer Science 2010-07-23 Ning Chen , Nick Gravin , Pinyan Lu

In this paper we study the implementation challenge in an abstract interdependent values model and an arbitrary objective function. We design a mechanism that allows for approximate optimal implementation of insensitive objective functions…

Computer Science and Game Theory · Computer Science 2015-03-14 Kobbi Nissim , Rann Smorodinsky , Moshe Tennenholtz

We consider a fundamental problem in microeconomics: selling a single item to a number of potential buyers, whose values are drawn from known independent and regular (not necessarily identical) distributions. There are four widely-used and…

Computer Science and Game Theory · Computer Science 2020-01-23 Yaonan Jin , Pinyan Lu , Zhihao Gavin Tang , Tao Xiao

Most work in mechanism design assumes that buyers are risk neutral; some considers risk aversion arising due to a non-linear utility for money. Yet behavioral studies have established that real agents exhibit risk attitudes which cannot be…

Computer Science and Game Theory · Computer Science 2018-03-13 Shuchi Chawla , Kira Goldner , J. Benjamin Miller , Emmanouil Pountourakis

We continue the study of the performance for fixed-price mechanisms in the bilateral trade problem, and improve approximation ratios of welfare-optimal mechanisms in several settings. Specifically, in the case where only the buyer…

Computer Science and Game Theory · Computer Science 2023-03-29 Zhengyang Liu , Zeyu Ren , Zihe Wang

In assignment problems, the rank distribution of assigned objects is often used to evaluate match quality. Rank-minimizing (RM) mechanisms directly optimize for average rank. While appealing, a drawback is RM mechanisms are not…

Theoretical Economics · Economics 2024-06-19 Peter Troyan

We study online fair allocation of $T$ sequentially arriving items among $n$ agents with heterogeneous preferences, with the objective of maximizing generalized-mean welfare, defined as the $p$-mean of agents' time-averaged utilities, with…

Computer Science and Game Theory · Computer Science 2026-02-12 Zongjun Yang , Rachitesh Kumar , Christian Kroer

When selecting committees based on preferences of voters, a variety of different criteria can be considered. Two natural objectives are maximizing the utilitarian welfare (the sum of voters' utilities) and coverage (the number of…

Computer Science and Game Theory · Computer Science 2023-12-14 Markus Brill , Jannik Peters

In the context of single-winner ranked-choice elections between $m$ candidates, we explore the tradeoff between two competing goals in every democratic system: the majority principle (maximizing the social welfare) and the minority…

Computer Science and Game Theory · Computer Science 2025-07-25 Fatih Erdem Kizilkaya , David Kempe

The algorithmic fairness of predictive analytic tools in the public sector has increasingly become a topic of rigorous exploration. While instruments pertaining to criminal recidivism and academic admissions, for example, have garnered much…

Machine Learning · Computer Science 2020-10-26 Jordan Purdy , Brian Glass

Apart from the principles and methodologies inherited from Economics and Game Theory, the studies in Algorithmic Mechanism Design typically employ the worst-case analysis and approximation schemes of Theoretical Computer Science. For…

Computer Science and Game Theory · Computer Science 2017-12-15 Jie Zhang

We design efficient approximation algorithms for maximizing the expectation of the supremum of families of Gaussian random variables. In particular, let $\mathrm{OPT}:=\max_{\sigma_1,\cdots,\sigma_n}\mathbb{E}\left[\sum_{j=1}^{m}\max_{i\in…

Machine Learning · Computer Science 2025-02-26 Renato Purita Paes Leme , Cliff Stein , Yifeng Teng , Pratik Worah