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Related papers: Random Serial Dictatorship with Transfers

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We consider object allocation problems with capacities (see, e.g., Abdulkadiroglu and Sonmez, 1998; Basteck, 2025) where objects have to be assigned to agents. We show that if a lottery rule satisfies ex-post non-wastefulness and…

Theoretical Economics · Economics 2025-08-08 Tom Demeulemeester , Bettina Klaus

Using a model of wealth distribution where traders are characterized by quenched random saving propensities and trade among themselves by bipartite transactions, we mimic the enhanced rates of trading of the rich by introducing the…

General Finance · Quantitative Finance 2015-05-14 Abhijit Chakraborty , S. S. Manna

We propose a game-theoretic framework to study the outcomes of packetized payments, a cross-ledger transaction protocol, with strategic and possibly malicious agents. We derive the transaction failure rate and demonstrate that without…

Computer Science and Game Theory · Computer Science 2021-12-14 Alevtina Dubovitskaya , Damien Ackerer , Jiahua Xu

Priority-based allocation of individuals to positions are pervasive, and elimination of justified envy is often, an absolute requirement. This leaves serial dictatorship (SD) as the only rule that avoids justified envy under standard direct…

Theoretical Economics · Economics 2026-05-22 Inácio Bó , Gian Caspari , Manshu Khanna

We introduce the use of reinforcement learning for indirect mechanisms, working with the existing class of sequential price mechanisms, which generalizes both serial dictatorship and posted price mechanisms and essentially characterizes all…

Computer Science and Game Theory · Computer Science 2021-05-07 Gianluca Brero , Alon Eden , Matthias Gerstgrasser , David C. Parkes , Duncan Rheingans-Yoo

We analyse strategic, complete information, sequential voting with ordinal preferences over the alternatives. We consider several voting mechanisms: plurality voting and approval voting with deterministic or uniform tie-breaking rules. We…

Computer Science and Game Theory · Computer Science 2019-04-19 Oren Dean , Yakov Babichenko , Moshe Tennenholtz

Zero-determinant strategies are a class of strategies in repeated games which unilaterally control payoffs. Zero-determinant strategies have attracted much attention in studies of social dilemma, particularly in the context of evolution of…

Statistical Mechanics · Physics 2024-11-11 Masahiko Ueda

Random dictatorship has been characterized as the only social decision scheme that satisfies efficiency and strategyproofness when individual preferences are strict. We show that no extension of random dictatorship to weak preferences…

Multiagent Systems · Computer Science 2018-04-19 Florian Brandl , Felix Brandt , Warut Suksompong

Extensive monitoring systems generate data that is usually compressed for network transmission. This compressed data might then be processed in the cloud for tasks such as anomaly detection. However, compression can potentially impair the…

Signal Processing · Electrical Eng. & Systems 2025-09-30 Andriy Enttsel , Alex Marchioni , Andrea Zanellini , Mauro Mangia , Gianluca Setti , Riccardo Rovatti

We study the problem of assigning objects to agents in the presence of arbitrary linear constraints when agents are allowed to be indifferent between objects. Our main contribution is the generalization of the (Extended) Probabilistic…

Theoretical Economics · Economics 2020-11-03 Priyanka Shende

Wagering mechanisms are one-shot betting mechanisms that elicit agents' predictions of an event. For deterministic wagering mechanisms, an existing impossibility result has shown incompatibility of some desirable theoretical properties. In…

Computer Science and Game Theory · Computer Science 2022-03-31 Yiling Chen , Yang Liu , Juntao Wang

An increasing number of decisions are guided by machine learning algorithms. In many settings, from consumer credit to criminal justice, those decisions are made by applying an estimator to data on an individual's observed behavior. But…

Theoretical Economics · Economics 2020-04-09 Daniel Björkegren , Joshua E. Blumenstock , Samsun Knight

A multi-task learning (MTL) system aims at solving multiple related tasks at the same time. With a fixed model capacity, the tasks would be conflicted with each other, and the system usually has to make a trade-off among learning all of…

Machine Learning · Computer Science 2021-02-16 Xi Lin , Zhiyuan Yang , Qingfu Zhang , Sam Kwong

Social decision schemes (SDSs) map the preferences of a group of voters over some set of $m$ alternatives to a probability distribution over the alternatives. A seminal characterization of strategyproof SDSs by Gibbard implies that there…

Theoretical Economics · Economics 2022-01-26 Felix Brandt , Patrick Lederer , René Romen

We propose a method to predict the sim-to-real transfer performance of RL policies. Our transfer metric simplifies the selection of training setups (such as algorithm, hyperparameters, randomizations) and policies in simulation, without the…

Machine Learning · Computer Science 2020-09-29 Lei M. Zhang , Matthias Plappert , Wojciech Zaremba

One of the central economic paradigms in multi-agent systems is that agents should not be better off by acting dishonestly. In the context of collective decision-making, this axiom is known as strategyproofness and turns out to be rather…

Computer Science and Game Theory · Computer Science 2023-02-24 Felix Brand , Patrick Lederer , Sascha Tausch

Experimental work regularly finds that individual choices are not deterministically rationalized by well-defined preferences. Nonetheless, recent work shows that data collected from many individuals can be stochastically rationalized by a…

Theoretical Economics · Economics 2021-10-22 Changkuk Im , John Rehbeck

We study the problem of sequential learning of the Pareto front in multi-objective multi-armed bandits. An agent is faced with K possible arms to pull. At each turn she picks one, and receives a vector-valued reward. When she thinks she has…

Machine Learning · Statistics 2025-01-30 Elise Crépon , Aurélien Garivier , Wouter M Koolen

The recent discovery of zero-determinant strategies for the iterated Prisoner's Dilemma sparked a surge of interest in the surprising fact that a player can exert unilateral control over iterated interactions. These remarkable strategies,…

Populations and Evolution · Quantitative Biology 2016-04-12 Alex McAvoy , Christoph Hauert

Machine learning models deployed in non-stationary environments are exposed to temporal distribution shift, which can erode predictive reliability over time. While common mitigation strategies such as periodic retraining and recalibration…

Machine Learning · Computer Science 2026-04-06 Naimur Rahman , Naazreen Tabassum