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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

The celebrated model of auctions with interdependent valuations, introduced by Milgrom and Weber in 1982, has been studied almost exclusively under private signals $s_1, \ldots, s_n$ of the $n$ bidders and public valuation functions…

计算机科学与博弈论 · 计算机科学 2023-10-03 Alon Eden , Michal Feldman , Kira Goldner , Simon Mauras , Divyarthi Mohan

We study combinatorial auctions with interdependent valuations. In such settings, each agent $i$ has a private signal $s_i$ that captures her private information, and the valuation function of every agent depends on the entire signal…

计算机科学与博弈论 · 计算机科学 2019-06-04 Alon Eden , Michal Feldman , Amos Fiat , Kira Goldner , Anna R. Karlin

We consider the single-item interdependent value setting, where there is a monopolist, $n$ buyers, and each buyer has a private signal $s_i$ describing a piece of information about the item. Each bidder $i$ also has a valuation function…

计算机科学与博弈论 · 计算机科学 2021-11-04 Alon Eden , Kira Goldner , Shuran Zheng

We study auction design within the widely acclaimed model of interdependent values, introduced by Milgrom and Weber [1982]. In this model, every bidder $i$ has a private signal $s_i$ for the item for sale, and a public valuation function…

计算机科学与博弈论 · 计算机科学 2024-02-20 Alon Eden , Michal Feldman , Simon Mauras , Divyarthi Mohan

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 consider the fundamental mechanism design problem of approximate social welfare maximization under general cardinal preferences on a finite number of alternatives and without money. The well-known range voting scheme can be thought of as…

计算机科学与博弈论 · 计算机科学 2014-09-12 Aris Filos-Ratsikas , Peter Bro Miltersen

This short note exhibits a truthful-in-expectation $O(\frac {\log m} {\log \log m})$-approximation mechanism for combinatorial auctions with subadditive bidders that uses polynomial communication.

计算机科学与博弈论 · 计算机科学 2015-03-17 Shahar Dobzinski , Hu Fu , Robert Kleinberg

In this work, we study the Submodular Cost Submodular Cover problem, which is to minimize the submodular cost required to ensure that the submodular benefit function exceeds a given threshold. Existing approximation ratios for the greedy…

数据结构与算法 · 计算机科学 2019-08-05 Victoria G. Crawford , Alan Kuhnle , My T. Thai

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

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

A real-valued set function is (additively) approximately submodular if it satisfies the submodularity conditions with an additive error. Approximate submodularity arises in many settings, especially in machine learning, where the function…

数据结构与算法 · 计算机科学 2020-10-08 Flavio Chierichetti , Anirban Dasgupta , Ravi Kumar

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 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

We study truthful auctions for secondary spectrum usage in wireless networks. In this scenario, n communication requests need to be allocated to k available channels that are subject to interference and noise. We present the first truthful…

数据结构与算法 · 计算机科学 2011-10-27 Martin Hoefer , Thomas Kesselheim

We study truthful mechanisms for approximating the Maximin-Share (MMS) allocation of agents with additive valuations for indivisible goods. Algorithmically, constant factor approximations exist for the problem for any number of agents. When…

计算机科学与博弈论 · 计算机科学 2024-06-12 Ilan Reuven Cohen , Alon Eden , Talya Eden , Arsen Vasilyan

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

Adaptive submodularity is a fundamental concept in stochastic optimization, with numerous applications such as sensor placement, hypothesis identification and viral marketing. We consider the problem of minimum cost cover of…

数据结构与算法 · 计算机科学 2024-05-24 Hessa Al-Thani , Yubing Cui , Viswanath Nagarajan

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 consider truthful combinatorial auctions with items $M = [m]$ for sale to $n$ bidders, where each bidder $i$ has a private monotone valuation $v_i : 2^M \to R_+$. Among truthful mechanisms, maximal-in-range (MIR) mechanisms achieve the…

计算机科学与博弈论 · 计算机科学 2024-04-02 Frederick V. Qiu , S. Matthew Weinberg
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