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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

Subset selection tasks, arise in recommendation systems and search engines and ask to select a subset of items that maximize the value for the user. The values of subsets often display diminishing returns, and hence, submodular functions…

Machine Learning · Computer Science 2023-05-05 Anay Mehrotra , Nisheeth K. Vishnoi

We present and discuss general techniques for proving inapproximability results for truthful mechanisms. We make use of these techniques to prove lower bounds on the approximability of several non-utilitarian multi-parameter problems. In…

Computer Science and Game Theory · Computer Science 2017-02-16 Ahuva Mu'alem , Michael Schapira

We consider incentive compatible mechanisms for a domain that is very close to the domain of scheduling $n$ unrelated machines: the single exception is that the valuation of just one machine is submodular. For the scheduling problem with…

Computer Science and Game Theory · Computer Science 2019-07-31 George Christodoulou , Elias Koutsoupias , Annamaria Kovacs

Submodular optimization is a fundamental problem with many applications in machine learning, often involving decision-making over datasets with sensitive attributes such as gender or age. In such settings, it is often desirable to produce a…

Machine Learning · Computer Science 2024-07-09 Wenjing Chen , Shuo Xing , Samson Zhou , Victoria G. Crawford

We consider the bilateral trade problem, in which two agents trade a single indivisible item. It is known that the only dominant-strategy truthful mechanism is the fixed-price mechanism: given commonly known distributions of the buyer's…

Computer Science and Game Theory · Computer Science 2021-12-21 Zi Yang Kang , Francisco Pernice , Jan Vondrák

In this note we study the greedy algorithm for combinatorial auctions with submodular bidders. It is well known that this algorithm provides an approximation ratio of $2$ for every order of the items. We show that if the valuations are…

Computer Science and Game Theory · Computer Science 2015-02-10 Shahar Dobzinski , Ami Mor

Budget feasible mechanism design studies procurement combinatorial auctions where the sellers have private costs to produce items, and the buyer(auctioneer) aims to maximize a social valuation function on subsets of items, under the budget…

Computer Science and Game Theory · Computer Science 2012-11-09 Xiaohui Bei , Ning Chen , Nick Gravin , Pinyan Lu

The maximin share ($\textsf{MMS}$) is the most prominent share-based fairness notion in the fair allocation of indivisible goods. Recent years have seen significant efforts to improve the approximation guarantees for $\textsf{MMS}$ for…

Computer Science and Game Theory · Computer Science 2025-10-14 Ehsan Heidari , Alireza Kaviani , Masoud Seddighin , AmirMohammad Shahrezaei

In budget-feasible mechanism design, there is a set of items $U$, each owned by a distinct seller. The seller of item $e$ incurs a private cost $\overline{c}_e$ for supplying her item. A buyer wishes to procure a set of items from the…

Computer Science and Game Theory · Computer Science 2026-03-04 Rian Neogi , Kanstantsin Pashkovich , Chaitanya Swamy

Budget feasible mechanism considers algorithmic mechanism design questions where there is a budget constraint on the total payment of the mechanism. An important question in the field is that under which valuation domains there exist budget…

Computer Science and Game Theory · Computer Science 2012-03-23 Xiaohui Bei , Ning Chen , Nick Gravin , Pinyan Lu

Symmetric submodular functions are an important family of submodular functions capturing many interesting cases including cut functions of graphs and hypergraphs. Maximization of such functions subject to various constraints receives little…

Data Structures and Algorithms · Computer Science 2016-04-19 Moran Feldman

We study the power of item-pricing as a tool for approximately optimizing social welfare in a combinatorial market. We consider markets with $m$ indivisible items and $n$ buyers. The goal is to set prices to the items so that, when agents…

Computer Science and Game Theory · Computer Science 2015-11-10 Michal Feldman , Nick Gravin , Brendan Lucier

Submodular optimization with bandit feedback has recently been studied in a variety of contexts. In a number of real-world applications such as diversified recommender systems and data summarization, the submodular function exhibits…

Machine Learning · Computer Science 2024-07-04 Wenjing Chen , Victoria G. Crawford

Submodular function maximization finds application in a variety of real-world decision-making problems. However, most existing methods, based on greedy maximization, assume it is computationally feasible to evaluate F, the function being…

Artificial Intelligence · Computer Science 2020-08-11 Yash Satsangi , Shimon Whiteson , Frans A. Oliehoek

We study the problem of social welfare maximization in bilateral trade, where two agents, a buyer and a seller, trade an indivisible item. We consider arguably the simplest form of mechanisms -- the fixed-price mechanisms, where the…

Computer Science and Game Theory · Computer Science 2023-06-21 Yang Cai , Jinzhao Wu

We study a class of procurement auctions with a budget constraint, where an auctioneer is interested in buying resources or services from a set of agents. Ideally, the auctioneer would like to select a subset of the resources so as to…

Computer Science and Game Theory · Computer Science 2017-10-10 Georgios Amanatidis , Georgios Birmpas , Evangelos Markakis

Submodular function minimization is well studied, and existing algorithms solve it exactly or up to arbitrary accuracy. However, in many applications, such as structured sparse learning or batch Bayesian optimization, the objective function…

Machine Learning · Computer Science 2022-03-10 Marwa El Halabi , Stefanie Jegelka

We study the communication complexity of welfare maximization in combinatorial auctions with bidders from either a standard valuation class (which require exponential communication to explicitly state, such as subadditive or XOS), or…

Computer Science and Game Theory · Computer Science 2025-12-09 Frederick V. Qiu , S. Matthew Weinberg , Qianfan Zhang

State-of-the-art posted-price mechanisms for submodular bidders with $m$ items achieve approximation guarantees of $O((\log \log m)^3)$ [Assadi and Singla, 2019]. Their truthfulness, however, requires bidders to compute an NP-hard…

Computer Science and Game Theory · Computer Science 2020-08-05 Linda Cai , Clayton Thomas , S. Matthew Weinberg