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Optimal mechanism design enjoys a beautiful and well-developed theory, and also a number of killer applications. Rules of thumb produced by the field influence everything from how governments sell wireless spectrum licenses to how the major…

Computer Science and Game Theory · Computer Science 2014-09-23 Tim Roughgarden

Auctions in which agents' payoffs are random variables have received increased attention in recent years. In particular, recent work in algorithmic mechanism design has produced mechanisms employing internal randomization, partly in…

Computer Science and Game Theory · Computer Science 2012-06-15 Shaddin Dughmi , Yuval Peres

Aligning large language models (LLMs) to preference data typically assumes a known link function between observed preferences and latent rewards (e.g., a logistic Bradley-Terry link). Misspecification of this link can bias inferred rewards…

Machine Learning · Computer Science 2026-02-03 Nathan Kallus

We consider the provision of an abstract service to single-dimensional agents. Our model includes position auctions, single-minded combinatorial auctions, and constrained matching markets. When the agents' values are drawn from a…

Computer Science and Game Theory · Computer Science 2012-12-18 Nikhil R. Devanur , Jason D. Hartline , Qiqi Yan

We present a number of models for the adword auctions used for pricing advertising slots on search engines such as Google, Yahoo! etc. We begin with a general problem formulation which allows the privately known valuation per click to be a…

Computer Science and Game Theory · Computer Science 2007-05-23 Garud Iyengar , Anuj Kumar

We study private-good allocation under general constraints. Several prominent examples are special cases, including house allocation, roommate matching, social choice, and multiple assignment. Every individually strategy-proof and Pareto…

Theoretical Economics · Economics 2025-11-04 Joseph Root , David S. Ahn

A growing body of work in economics and computation focuses on the trade-off between implementability and simplicity in mechanism design. The goal is to develop a theory that not only allows to design an incentive structure easy to grasp…

Computer Science and Game Theory · Computer Science 2024-03-14 Diodato Ferraioli , Carmine Ventre

Myerson derived a simple and elegant solution to the single-parameter revenue-maximization problem in his seminal work on optimal auction design assuming the usual model of quasi-linear utilities. In this paper, we consider a slight…

Computer Science and Game Theory · Computer Science 2016-01-27 Amy Greenwald , Takehiro Oyakawa , Vasilis Syrgkanis

Incentivizing the existing participants to invite new participants to join an auction, matching or cooperative game have been extensively studied recently. One common challenge to design such incentive in these games is that the invitees…

Computer Science and Game Theory · Computer Science 2025-02-17 Xinwei Song , Tianyi Yang , Dengji Zhao

In the design and analysis of revenue-maximizing auctions, auction performance is typically measured with respect to a prior distribution over inputs. The most obvious source for such a distribution is past data. The goal is to understand…

Computer Science and Game Theory · Computer Science 2015-11-30 Richard Cole , Tim Roughgarden

We show that the mechanism-design problem for a monopolist selling multiple, heterogeneous objects to a buyer with ex ante symmetric and additive values is equivalent to the mechanism-design problem for a monopolist selling identical…

Theoretical Economics · Economics 2024-08-20 Sushil Bikhchandani , Debasis Mishra

Visual search, recommendation, and contrastive similarity learning power technologies that impact billions of users worldwide. Modern model architectures can be complex and difficult to interpret, and there are several competing techniques…

Machine Learning · Computer Science 2022-03-17 Mark Hamilton , Scott Lundberg , Lei Zhang , Stephanie Fu , William T. Freeman

This paper has two clear motivations: a technical and a practical. The technical motivation unifies in a single and crystal clear formulation a huge family of inequalities that have been produced separately in the last 90 years in different…

Functional Analysis · Mathematics 2018-11-14 N. Albuquerque , G. Araujo , W. V. Cavalcante , T. Nogueira , D. Nunez-Alarcon , D. Pellegrino , P. Rueda

We study independent private values auction environments in which the auctioneer's revenue depends nonlinearly on bidders' interim winning probabilities. Our framework accommodates heterogeneity among bidders and places no ad hoc…

Theoretical Economics · Economics 2026-02-23 Pasha Andreyanov , Ilia Krasikov , Alex Suzdaltsev

In the standard formulation of mechanism design, a key assumption is that the designer has reliable information and technology to determine a prior distribution on types of the agents. In the meanwhile, as pointed out by the Wilson's…

Computer Science and Game Theory · Computer Science 2016-07-20 Pingzhong Tang , Yulong Zeng

This short note studies the simple arithmetic properties of multi-year bonus allocation systems, as recently implemented in the population of teacher-researchers, with the PEDR on the one hand, and with component 3 of the RIPEC on the…

Physics and Society · Physics 2023-10-04 Olivier Garet

We consider a refinement to the notions of collusion-resistance in transaction fee mechanisms. In particular, we require that the collusion is by itself incentive-compatible and individually rational to all of its participants. We then…

Computer Science and Game Theory · Computer Science 2024-12-31 Matheus V. X. Ferreira , Yotam Gafni , Max Resnick

Econometric inference allows an analyst to back out the values of agents in a mechanism from the rules of the mechanism and bids of the agents. This paper gives an algorithm to solve the problem of inferring the values of agents in a…

Computer Science and Game Theory · Computer Science 2020-03-31 Jason Hartline , Aleck Johnsen , Denis Nekipelov , Zihe Wang

The ``impossibility theorem'' -- which is considered foundational in algorithmic fairness literature -- asserts that there must be trade-offs between common notions of fairness and performance when fitting statistical models, except in two…

Machine Learning · Computer Science 2023-02-14 Andrew Bell , Lucius Bynum , Nazarii Drushchak , Tetiana Herasymova , Lucas Rosenblatt , Julia Stoyanovich

Novel auction schemes are constantly being designed. Their design has significant consequences for the allocation of goods and the revenues generated. But how to tell whether a new design has the desired properties, such as efficiency, i.e.…

Logic in Computer Science · Computer Science 2013-05-24 Christoph Lange , Marco B. Caminati , Manfred Kerber , Till Mossakowski , Colin Rowat , Makarius Wenzel , Wolfgang Windsteiger