Black-box reductions for cost-sharing mechanism design

成果类型:
Article
署名作者:
Georgiou, Konstantinos; Swamy, Chaitanya
署名单位:
University of Waterloo
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2013.08.012
发表日期:
2019
页码:
17-37
关键词:
Algorithmic mechanism design Cost-sharing mechanisms linear programming Approximation algorithms Black-box reductions
摘要:
We consider the design of strategyproof cost-sharing mechanisms. We give two simple, but extremely versatile, black-box reductions, that in combination reduce the cost-sharing mechanism-design problem to the algorithmic problem of finding a min-cost solution for a set of players. Our first reduction shows that any truthful, alpha-approximation mechanism for the social-cost minimization (SCM) problem satisfying a technical no-bossiness condition can be morphed into a truthful mechanism that achieves an O(alpha logn)-approximation where the prices recover the cost incurred. Thus, we decouple the approximation and cost-recovery objectives. Our second reduction nicely complements the first one by showing that any LP-relative rho-approximation for the problem of finding a min-cost solution for a set of players yields a truthful, no-bossy, (rho + 1)-approximation for the SCM problem (and hence, a truthful (rho+1) logn-approximation cost-sharing mechanism). These reductions yield the first, or improved, polytime cost-sharing mechanisms for a variety of problems. (C) 2013 Elsevier Inc. All rights reserved.
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