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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

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 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

Interdependent values make basic auction design tasks -- in particular maximizing welfare truthfully in single-item auctions -- quite challenging. Eden et al. recently established that if the bidders valuation functions are submodular over…

计算机科学与博弈论 · 计算机科学 2021-07-20 Ameer Amer , Inbal Talgam-Cohen

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

This manuscript presents an alternative implementation of the truthful-in-expectation mechanism of Dughmi, Roughgarden and Yan for combinatorial auctions with weighted-matroid-rank-sum valuations. The new implementation uses only value…

计算机科学与博弈论 · 计算机科学 2011-09-07 Shaddin Dughmi , Tim Roughgarden , Jan Vondrak , Qiqi Yan

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 present a general framework for designing approximately revenue-optimal mechanisms for multi-item additive auctions, which applies to both truthful and non-truthful auctions. Given a (not necessarily truthful) single-item auction format…

计算机科学与博弈论 · 计算机科学 2022-09-23 Constantinos Daskalakis , Maxwell Fishelson , Brendan Lucier , Vasilis Syrgkanis , Santhoshini Velusamy

We study the problem of fair allocation of indivisible goods for subadditive agents. While constant-\textsf{MMS} bounds have been given for additive and fractionally subadditive agents, the best existential bound for the case of subadditive…

计算机科学与博弈论 · 计算机科学 2025-06-09 Masoud Seddighin , Saeed Seddighin

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

Many auction settings implicitly or explicitly require that bidders are treated equally ex-ante. This may be because discrimination is philosophically or legally impermissible, or because it is practically difficult to implement or…

计算机科学与博弈论 · 计算机科学 2014-11-06 Christos Tzamos , Christopher A. Wilkens

In markets such as digital advertising auctions, bidders want to maximize value rather than payoff. This is different to the utility functions typically assumed in auction theory and leads to different strategies and outcomes. We refer to…

计算机科学与博弈论 · 计算机科学 2016-07-14 Salman Fadaei , Martin Bichler

We study \emph{combinatorial procurement auctions}, where a buyer with a valuation function $v$ and budget $B$ wishes to buy a set of items. Each item $i$ has a cost $c_i$ and the buyer is interested in a set $S$ that maximizes $v(S)$…

计算机科学与博弈论 · 计算机科学 2015-03-19 Ashwinkumar Badanidiyuru , Shahar Dobzinski , Sigal Oren

We study the design of mechanisms in combinatorial auction domains. We focus on settings where the auction is repeated, motivated by auctions for licenses or advertising space. We consider models of agent behaviour in which they either…

计算机科学与博弈论 · 计算机科学 2009-10-01 Brendan Lucier

Algorithmic Mechanism Design attempts to marry computation and incentives, mainly by leveraging monetary transfers between designer and selfish agents involved. This is principally because in absence of money, very little can be done to…

计算机科学与博弈论 · 计算机科学 2013-10-02 Dimitris Fotakis , Piotr Krysta , Carmine Ventre

We provide a constructive proof of Border's theorem [Bor91, HR15a] and its generalization to reduced-form auctions with asymmetric bidders [Bor07, MV10, CKM13]. Given a reduced form, we identify a subset of Border constraints that are…

计算机科学与博弈论 · 计算机科学 2017-11-21 Yang Cai , Constantinos Daskalakis , S. Matthew Weinberg

Randomized mechanisms, which map a set of bids to a probability distribution over outcomes rather than a single outcome, are an important but ill-understood area of computational mechanism design. We investigate the role of randomized…

计算机科学与博弈论 · 计算机科学 2009-04-17 Patrick Briest , Shuchi Chawla , Robert Kleinberg , S. Matthew Weinberg

The focus of classic mechanism design has been on truthful direct-revelation mechanisms. In the context of combinatorial auctions the truthful direct-revelation mechanism that maximizes social welfare is the VCG mechanism. For many…

计算机科学与博弈论 · 计算机科学 2013-10-14 Paul Duetting , Monika Henzinger , Martin Starnberger

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

It is widely believed that computing payments needed to induce truthful bidding is somehow harder than simply computing the allocation. We show that the opposite is true: creating a randomized truthful mechanism is essentially as easy as a…

计算机科学与博弈论 · 计算机科学 2015-11-17 Moshe Babaioff , Robert D. Kleinberg , Aleksandrs Slivkins