English
Related papers

Related papers: Prophet Inequalities with Limited Information

200 papers

We study the prophet secretary problem, a well-studied variant of the classic prophet inequality, where values are drawn from independent known distributions but arrive in uniformly random order. Upon seeing a value at each step, the…

Computer Science and Game Theory · Computer Science 2023-05-19 Paul Dütting , Evangelia Gergatsouli , Rojin Rezvan , Yifeng Teng , Alexandros Tsigonias-Dimitriadis

The prophet secretary problem is a combination of the prophet inequality and the secretary problem, where elements are drawn from known independent distributions and arrive in uniformly random order. In this work, we design 1) a…

Data Structures and Algorithms · Computer Science 2024-11-05 Ziyun Chen , Zhiyi Huang , Dongchen Li , Zhihao Gavin Tang

We study the i.i.d. $k$-selection prophet inequality problem, where a decision-maker sequentially observes $n$ independent nonnegative rewards and may accept at most $k$ of them without knowledge of future realizations. The objective is to…

Optimization and Control · Mathematics 2026-02-24 Jieming Kong , Karthyek Murthy

We study the classic single-choice prophet inequality problem through a resource augmentation lens. Our goal is to bound the $(1-\varepsilon)$-competition complexity of different types of online algorithms. This metric asks for the smallest…

Computer Science and Game Theory · Computer Science 2024-02-23 Johannes Brustle , José Correa , Paul Dütting , Tomer Ezra , Michal Feldman , Victor Verdugo

We take a unifying approach to single selection optimal stopping problems with random arrival order and independent sampling of items. In the problem we consider, a decision maker (DM) initially gets to sample each of $N$ items…

Computer Science and Game Theory · Computer Science 2021-08-11 José Correa , Andrés Cristi , Boris Epstein , José Soto

Prophet inequalities are a cornerstone in optimal stopping and online decision-making. Traditionally, they involve the sequential observation of $n$ non-negative independent random variables and face irrevocable accept-or-reject choices.…

Computer Science and Game Theory · Computer Science 2024-08-22 Sebastian Perez-Salazar , Victor Verdugo

In the adaptive ProbeMax problem, given a collection of mutually-independent random variables $X_1, \ldots, X_n$, our goal is to design an adaptive probing policy for sequentially sampling at most $k$ of these variables, with the objective…

Data Structures and Algorithms · Computer Science 2022-10-17 Guillermo Gallego , Danny Segev

We investigate non-adaptive algorithms for matroid prophet inequalities. Matroid prophet inequalities have been considered resolved since 2012 when [KW12] introduced thresholds that guarantee a tight 2-approximation to the prophet; however,…

Data Structures and Algorithms · Computer Science 2020-11-19 Shuchi Chawla , Kira Goldner , Anna R. Karlin , J. Benjamin Miller

Let X_1,X_2,... be a sequence of [0,1]-valued i.i.d. random variables, let c\geq 0 be a sampling cost for each observation and let Y_i=X_i-ic, i=1,2,.... For n=1,2,..., let M(Y_1,...,Y_n)=E(max_{1\leq i\leq n}Y_i) and…

Probability · Mathematics 2007-05-23 Holger Kosters

Prophet inequalities consist of many beautiful statements that establish tight performance ratios between online and offline allocation algorithms. Typically, tightness is established by constructing an algorithmic guarantee and a…

Computer Science and Game Theory · Computer Science 2025-03-14 Jiashuo Jiang , Will Ma , Jiawei Zhang

In this paper, we survey literature on prophet inequalities for subadditive combinatorial auctions. We give an overview of the previous best $O(\log \log m)$ prophet inequality as well as the preceding $O(\log m)$ prophet inequality. Then,…

Computer Science and Game Theory · Computer Science 2023-05-23 Dwaipayan Saha , Ananya Parashar

Due to numerous applications in retail and (online) advertising the problem of assortment selection has been widely studied under many combinations of discrete choice models and feasibility constraints. In many situations, however, an…

Data Structures and Algorithms · Computer Science 2023-08-11 Vineet Goyal , Salal Humair , Orestis Papadigenopoulos , Assaf Zeevi

We study a fundamental problem in optimization under uncertainty. There are $n$ boxes; each box $i$ contains a hidden reward $x_i$. Rewards are drawn i.i.d. from an unknown distribution $\mathcal{D}$. For each box $i$, we see $y_i$, an…

Computer Science and Game Theory · Computer Science 2023-07-13 Kamyar Azizzadenesheli , Trung Dang , Aranyak Mehta , Alexandros Psomas , Qian Zhang

The rich literature on online Bayesian selection problems has long focused on so-called prophet inequalities, which compare the gain of an online algorithm to that of a "prophet" who knows the future. An equally-natural, though…

Data Structures and Algorithms · Computer Science 2021-08-19 Christos Papadimitriou , Tristan Pollner , Amin Saberi , David Wajc

The secretary and the prophet inequality problems are central to the field of Stopping Theory. Recently, there has been a lot of work in generalizing these models to multiple items because of their applications in mechanism design. The most…

Data Structures and Algorithms · Computer Science 2018-03-20 Soheil Ehsani , MohammadTaghi Hajiaghayi , Thomas Kesselheim , Sahil Singla

Suppose a customer is faced with a sequence of fluctuating prices, such as for airfare or a product sold by a large online retailer. Given distributional information about what price they might face each day, how should they choose when to…

Data Structures and Algorithms · Computer Science 2019-10-10 Hossein Esfandiari , MohammadTaghi HajiAghayi , Brendan Lucier , Michael Mitzenmacher

Many online problems are studied in stochastic settings for which inputs are samples from a known distribution, given in advance, or from an unknown distribution. Such distributions model both beyond-worst-case inputs and, when given,…

Data Structures and Algorithms · Computer Science 2025-11-13 Gregory Kehne , Thomas Kesselheim

The study of the prophet inequality problem in the limited information regime was initiated by Azar et al. [SODA'14] in the pursuit of prior-independent posted-price mechanisms. As they show, $O(1)$-competitive policies are achievable using…

Computer Science and Game Theory · Computer Science 2021-11-24 Constantine Caramanis , Matthew Faw , Orestis Papadigenopoulos , Emmanouil Pountourakis

Due to their numerous applications, in particular in Mechanism Design, Prophet Inequalities have experienced a surge of interest. They describe competitive ratios for basic stopping time problems where random variables get revealed…

Data Structures and Algorithms · Computer Science 2025-07-15 Moran Feldman , Ola Svensson , Rico Zenklusen

Over the past two decades, significant strides have been made in stochastic problems such as revenue-optimal auction design and prophet inequalities, traditionally modeled with $n$ independent random variables to represent the values of $n$…

Computer Science and Game Theory · Computer Science 2024-06-11 Vasilis Livanos , Kalen Patton , Sahil Singla