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We present a computationally-efficient truthful mechanism for combinatorial auctions with subadditive bidders that achieves an $O((\log\!\log{m})^3)$-approximation to the maximum welfare in expectation using $O(n)$ demand queries; here $m$…

计算机科学与博弈论 · 计算机科学 2020-10-06 Sepehr Assadi , Thomas Kesselheim , Sahil Singla

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…

计算机科学与博弈论 · 计算机科学 2019-11-11 Sepehr Assadi , Sahil Singla

We study incentive compatible mechanisms for Combinatorial Auctions where the bidders have submodular (or XOS) valuations and are budget-constrained. Our objective is to maximize the \emph{liquid welfare}, a notion of efficiency for…

计算机科学与博弈论 · 计算机科学 2018-12-14 Dimitris Fotakis , Kyriakos Lotidis , Chara Podimata

The framework of budget-feasible mechanism design studies procurement auctions where the auctioneer (buyer) aims to maximize his valuation function subject to a hard budget constraint. We study the problem of designing truthful mechanisms…

计算机科学与博弈论 · 计算机科学 2019-05-07 Georgios Amanatidis , Pieter Kleer , Guido Schäfer

We study revenue maximization in multi-item multi-bidder auctions under the natural item-independence assumption - a classical problem in Multi-Dimensional Bayesian Mechanism Design. One of the biggest challenges in this area is developing…

计算机科学与博弈论 · 计算机科学 2022-04-12 Yang Cai , Argyris Oikonomou , Mingfei Zhao

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…

计算机科学与博弈论 · 计算机科学 2026-03-04 Rian Neogi , Kanstantsin Pashkovich , Chaitanya Swamy

We study the necessity of interaction for obtaining efficient allocations in subadditive combinatorial auctions. This problem was originally introduced by Dobzinski, Nisan, and Oren (STOC'14) as the following simple market scenario: $m$…

计算机科学与博弈论 · 计算机科学 2017-05-05 Sepehr Assadi

Complements between goods - where one good takes on added value in the presence of another - have been a thorn in the side of algorithmic mechanism designers. On the one hand, complements are common in the standard motivating applications…

计算机科学与博弈论 · 计算机科学 2012-05-21 Ittai Abraham , Moshe Babaioff , Shaddin Dughmi , Tim Roughgarden

We design an expected polynomial-time, truthful-in-expectation, (1-1/e)-approximation mechanism for welfare maximization in a fundamental class of combinatorial auctions. Our results apply to bidders with valuations that are m matroid rank…

计算机科学与博弈论 · 计算机科学 2011-04-19 Shaddin Dughmi , Tim Roughgarden , Qiqi Yan

We show that every universally truthful randomized mechanism for combinatorial auctions with submodular valuations that provides $m^{\frac 1 2 -\epsilon}$ approximation to the social welfare and uses value queries only must use…

计算机科学与博弈论 · 计算机科学 2015-03-17 Shahar Dobzinski

We provide the first separation in the approximation guarantee achievable by truthful and non-truthful combinatorial auctions with polynomial communication. Specifically, we prove that any truthful mechanism guaranteeing a…

计算机科学与博弈论 · 计算机科学 2020-11-17 Sepehr Assadi , Hrishikesh Khandeparkar , Raghuvansh R. Saxena , S. Matthew Weinberg

In this paper, we present the first approximation algorithms for the problem of designing revenue optimal Bayesian incentive compatible auctions when there are multiple (heterogeneous) items and when bidders can have arbitrary demand and…

计算机科学与博弈论 · 计算机科学 2010-03-30 Sayan Bhattacharya , Gagan Goel , Sreenivas Gollapudi , Kamesh Munagala

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…

计算机科学与博弈论 · 计算机科学 2012-11-09 Xiaohui Bei , Ning Chen , Nick Gravin , Pinyan Lu

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…

计算机科学与博弈论 · 计算机科学 2012-03-23 Xiaohui Bei , Ning Chen , Nick Gravin , Pinyan Lu

One of the fundamental questions of Algorithmic Mechanism Design is whether there exists an inherent clash between truthfulness and computational tractability: in particular, whether polynomial-time truthful mechanisms for combinatorial…

计算机科学与博弈论 · 计算机科学 2015-03-20 Shahar Dobzinski , Jan Vondrak

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.…

计算机科学与博弈论 · 计算机科学 2026-05-04 Shuang Cui , He Huang , Yu-e Sun , Chen Xue

In online combinatorial allocations/auctions, n bidders sequentially arrive, each with a combinatorial valuation (such as submodular/XOS) over subsets of m indivisible items. The aim is to immediately allocate a subset of the remaining…

计算机科学与博弈论 · 计算机科学 2024-09-18 Paul Dütting , Thomas Kesselheim , Brendan Lucier , Rebecca Reiffenhäuser , Sahil Singla

We study the problem of multi-dimensional revenue maximization when selling $m$ items to a buyer that has additive valuations for them, drawn from a (possibly correlated) prior distribution. Unlike traditional Bayesian auction design, we…

计算机科学与博弈论 · 计算机科学 2022-04-29 Yiannis Giannakopoulos , Diogo Poças , Alexandros Tsigonias-Dimitriadis

We study the efficiency guarantees in the simple auction environment where the auctioneer has one unit of divisible good to be distributed among a number of budget constrained agents. With budget constraints, the social welfare cannot be…

计算机科学与博弈论 · 计算机科学 2015-02-16 Pinyan Lu , Tao Xiao

Combinatorial Auctions are a central problem in Algorithmic Mechanism Design: pricing and allocating goods to buyers with complex preferences in order to maximize some desired objective (e.g., social welfare, revenue, or profit). The…

计算机科学与博弈论 · 计算机科学 2015-03-19 Avrim Blum , Anupam Gupta , Yishay Mansour , Ankit Sharma
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