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Related papers: Truthful Multi-unit Procurements with Budgets

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This paper considers a scenario within the field of mechanism design without money where a mechanism designer is interested in selecting items with maximum total value under a knapsack constraint. The items, however, are controlled by…

Computer Science and Game Theory · Computer Science 2024-10-10 Javier Cembrano , Max Klimm , Martin Knaack

A longstanding open problem in Algorithmic Mechanism Design is to design computationally-efficient truthful mechanisms for (approximately) maximizing welfare in combinatorial auctions with submodular bidders. The first such mechanism was…

Computer Science and Game Theory · Computer Science 2019-11-11 Sepehr Assadi , Sahil Singla

We address the classical knapsack problem and a variant in which an upper bound is imposed on the number of items that can be selected. We show that appropriate combinations of rounding techniques yield novel and powerful ways of rounding.…

Computational Complexity · Computer Science 2007-05-23 Monaldo Mastrolilli , Marcus Hutter

In this research, we study the problem that a collector acquires items from the owner based on the item qualities the owner declares and an independent appraiser's assessments. The owner is interested in maximizing the probability that the…

Computer Science and Game Theory · Computer Science 2024-02-23 Liang Shan , Shuo Zhang , Jie Zhang , Zihe Wang

In this paper, we investigate the parametric knapsack problem, in which the item profits are affine functions depending on a real-valued parameter. The aim is to provide a solution for all values of the parameter. It is well-known that any…

Data Structures and Algorithms · Computer Science 2017-01-30 Michael Holzhauser , Sven O. Krumke

We consider the "Offline Ad Slot Scheduling" problem, where advertisers must be scheduled to "sponsored search" slots during a given period of time. Advertisers specify a budget constraint, as well as a maximum cost per click, and may not…

Computer Science and Game Theory · Computer Science 2008-01-21 Jon Feldman , S. Muthukrishnan , Evdokia Nikolova , Martin Pal

Standard procurement models assume that the buyer knows the quality of the good at the time of procurement; however, in many settings, the quality is learned only long after the transaction. We study procurement problems in which the…

Theoretical Economics · Economics 2026-04-03 Kun Zhang

We consider an outsourcing problem where a software agent procures multiple services from providers with uncertain reliabilities to complete a computational task before a strict deadline. The service consumer requires a procurement strategy…

Computer Science and Game Theory · Computer Science 2021-10-26 Farzaneh Farhadi , Maria Chli , Nicholas R. Jennings

We study online learning problems in which a decision maker wants to maximize their expected reward without violating a finite set of $m$ resource constraints. By casting the learning process over a suitably defined space of strategy…

Machine Learning · Computer Science 2023-03-13 Andrea Celli , Matteo Castiglioni , Christian Kroer

Budget-feasible procurement auctions play a pivotal role in various AI-driven marketplaces, such as data acquisition and crowdsourcing, where a buyer with a limited budget seeks to procure services from strategic sellers with private costs.…

Computer Science and Game Theory · Computer Science 2026-05-04 Shuang Cui , He Huang , Yu-e Sun , Chen Xue

We study the problem of selling identical goods to n unit-demand bidders in a setting in which the total supply of goods is unknown to the mechanism. Items arrive dynamically, and the seller must make the allocation and payment decisions…

Computer Science and Game Theory · Computer Science 2009-05-22 Moshe Babaioff , Liad Blumrosen , Aaron L. Roth

We study the knapsack problem with group fairness constraints. The input of the problem consists of a knapsack of bounded capacity and a set of items, each item belongs to a particular category and has and associated weight and value. The…

Data Structures and Algorithms · Computer Science 2021-01-19 Deval Patel , Arindam Khan , Anand Louis

In the online multiple knapsack problem, an algorithm faces a stream of items, and each item has to be either rejected or stored irrevocably in one of $n$ bins (knapsacks) of equal size. The gain of an~algorithm is equal to the sum of sizes…

Data Structures and Algorithms · Computer Science 2020-04-29 Marcin Bienkowski , Maciej Pacut , Krzysztof Piecuch

We study revenue maximization in a buyer-seller setting where the seller has a single object and the buyer has both a private valuation and a private budget. Private budgets complicate the classic single-product monopoly problem, making…

Computer Science and Game Theory · Computer Science 2026-04-30 Juan Carlos Carbajal , Ahuva Mualem

Auction design for the modern advertising market has gained significant prominence in the field of game theory. With the recent rise of auto-bidding tools, an increasing number of advertisers in the market are utilizing these tools for…

Computer Science and Game Theory · Computer Science 2024-12-31 Changfeng Xu , Chao Peng , Chenyang Xu , Zhengfeng Yang

We study a classic Bayesian mechanism design setting of monopoly problem for an additive buyer in the presence of budgets. In this setting a monopolist seller with $m$ heterogeneous items faces a single buyer and seeks to maximize her…

Computer Science and Game Theory · Computer Science 2018-10-09 Yu Cheng , Nick Gravin , Kamesh Munagala , Kangning Wang

We envision a marketplace where diverse entities offer specialized "modules" through APIs, allowing users to compose the outputs of these modules for complex tasks within a given budget. This paper studies the market design problem in such…

Computer Science and Game Theory · Computer Science 2025-02-28 Kshipra Bhawalkar , Jeff Dean , Christopher Liaw , Aranyak Mehta , Neel Patel

In the multi-unit pricing problem, multiple units of a single item are for sale. A buyer's valuation for $n$ units of the item is $v \min \{ n, d\} $, where the per unit valuation $v$ and the capacity $d$ are private information of the…

Computer Science and Game Theory · Computer Science 2017-04-18 Nikhil R. Devanur , Nima Haghpanah , Christos-Alexandros Psomas

We consider AC electrical systems where each electrical device has a power demand expressed as a complex number, and there is a limit on the magnitude of total power supply. Motivated by this scenario, we introduce the complex-demand…

Data Structures and Algorithms · Computer Science 2014-01-28 Lan Yu , Chi-Kin Chau

We introduce the concept of budget games. Players choose a set of tasks and each task has a certain demand on every resource in the game. Each resource has a budget. If the budget is not enough to satisfy the sum of all demands, it has to…

Computer Science and Game Theory · Computer Science 2014-07-14 Maximilian Drees , Sören Riechers , Alexander Skopalik