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We present a new approach to machine learning-powered combinatorial auctions, which is based on the principles of Differential Privacy. Our methodology guarantees that the auction mechanism is truthful, meaning that rational bidders have…

Computer Science and Game Theory · Computer Science 2024-05-20 Arash Jamshidi , Seyed Mohammad Hosseini , Seyed Mahdi Noormousavi , Mahdi Jafari Siavoshani

Cloud service providers typically provide different types of virtual machines (VMs) to cloud users with various requirements. Thanks to its effectiveness and fairness, auction has been widely applied in this heterogeneous resource…

Cryptography and Security · Computer Science 2020-01-06 Tianjiao Ni , Zhili Chen , Lin Chen , Hong Zhong , Shun Zhang , Yan Xu

Diffusion auction refers to an emerging paradigm of online marketplace where an auctioneer utilises a social network to attract potential buyers. Diffusion auction poses significant privacy risks. From the auction outcome, it is possible to…

Computer Science and Game Theory · Computer Science 2023-02-17 Fengjuan Jia , Mengxiao Zhang , Jiamou Liu , Bakh Khoussainov

With the proliferation of the digital data economy, digital data is considered as the crude oil in the twenty-first century, and its value is increasing. Keeping pace with this trend, the model of data market trading between data providers…

Computer Science and Game Theory · Computer Science 2022-06-23 Sayan Biswas , Kangsoo Jung , Catuscia Palamidessi

We initiate the study of markets for private data, though the lens of differential privacy. Although the purchase and sale of private data has already begun on a large scale, a theory of privacy as a commodity is missing. In this paper, we…

Computer Science and Game Theory · Computer Science 2011-11-30 Arpita Ghosh , Aaron Roth

We consider a scenario in which a database stores sensitive data of users and an analyst wants to estimate statistics of the data. The users may suffer a cost when their data are used in which case they should be compensated. The analyst…

Computer Science and Game Theory · Computer Science 2012-04-19 Lisa Fleischer , Yu-Han Lyu

We study methods to enhance statistical privacy in blockchain transactions. We analyze economic mechanisms for privacy-aware transaction owners whose utility depends not only on the outcome of the mechanism but also negatively on the…

Computer Science and Game Theory · Computer Science 2026-05-19 Georgios Chionas , Olga Gorelkina , Piotr Krysta , Rida Laraki

In mechanism design, it is challenging to design the optimal auction with correlated values in general settings. Although value distribution can be further exploited to improve revenue, the complex correlation structure makes it hard to…

Computer Science and Game Theory · Computer Science 2023-02-21 Da Huo , Zhilin Zhang , Zhenzhe Zheng , Chuan Yu , Jian Xu , Fan Wu

We study a market for private data in which a data analyst publicly releases a statistic over a database of private information. Individuals that own the data incur a cost for their loss of privacy proportional to the differential privacy…

Computer Science and Game Theory · Computer Science 2012-10-01 Pranav Dandekar , Nadia Fawaz , Stratis Ioannidis

Personal data is becoming one of the most essential resources in today's information-based society. Accordingly, there is a growing interest in data markets, which operate data trading services between data providers and data consumers. One…

Computer Science and Game Theory · Computer Science 2022-06-23 Kangsoo Jung , Sayan Biswas , Catuscia Palamidessi

As an effective resource allocation approach, double auctions (DAs) have been extensively studied in electronic commerce. Most previous studies have focused on how to design strategy-proof DA mechanisms, while not much research effort has…

Cryptography and Security · Computer Science 2019-09-18 Yin Xu , Zhili Chen , Hong Zhong

With the continuous expansion of Internet of Things (IoT) devices, edge computing mode has emerged in recent years to overcome the shortcomings of traditional cloud computing mode, such as high delay, network congestion, and large resource…

Networking and Internet Architecture · Computer Science 2022-06-08 Jianxiong Guo , Xingjian Ding , Weijia Jia

This work addresses the problem of revenue maximization in a repeated, unlimited supply item-pricing auction while preserving buyer privacy. We present a novel algorithm that provides differential privacy with respect to the buyer's input…

Computer Science and Game Theory · Computer Science 2023-10-31 Joon Suk Huh

Privacy is an essential issue in data trading markets. This work uses a mechanism design approach to study the optimal market model to economize the value of privacy of personal data, using differential privacy. The buyer uses a finite…

Computer Science and Game Theory · Computer Science 2021-12-24 Tao Zhang , Quanyan Zhu

Spectrum auction is an effective approach to improving spectrum utilization, by leasing idle spectrum from primary users to secondary users. Recently, a few differentially private spectrum auction mechanisms have been proposed, but, as far…

Cryptography and Security · Computer Science 2018-10-19 Zhili Chen , Tianjiao Ni , Hong Zhong , Shun Zhang , Jie Cui

The question we raise through this paper is: Is it economically feasible to trade consumer personal information with their formal consent (permission) and in return provide them incentives (monetary or otherwise)?. In view of (a) the…

Computers and Society · Computer Science 2020-12-11 Ranjan Pal , Yixuan Wang , Swades De , Bodhibrata Nag , Pan Hui

In the digital age, data is a valuable commodity, and data marketplaces offer lucrative opportunities for data owners to monetize their private data. However, data privacy is a significant concern, and differential privacy has become a…

Multiagent Systems · Computer Science 2023-08-01 Weidong Li , Mengxiao Zhang , Libo Zhang , Jiamou Liu

We study how to enable auctions in the big data context to solve many upcoming data-based decision problems in the near future. We consider the characteristics of the big data including, but not limited to, velocity, volume, variety, and…

Cryptography and Security · Computer Science 2015-11-23 Taeho Jung , Xiang-Yang Li

We cast the problem of combinatorial auction design in a Bayesian framework in order to incorporate prior information into the auction process and minimize the number of rounds to convergence. We first develop a generative model of agent…

Computer Science and Game Theory · Computer Science 2018-11-19 Gianluca Brero , Sébastien Lahaie

Supervised learning models have been increasingly used for making decisions about individuals in applications such as hiring, lending, and college admission. These models may inherit pre-existing biases from training datasets and…

Machine Learning · Computer Science 2020-12-08 Mohammad Mahdi Khalili , Xueru Zhang , Mahed Abroshan , Somayeh Sojoudi
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