Approximation Algorithms for Combinatorial Auctions with Complement-Free Bidders

成果类型:
Article
署名作者:
Dobzinski, Shahar; Nisan, Noam; Schapira, Michael
署名单位:
Cornell University; Hebrew University of Jerusalem; Yale University; University of California System; University of California Berkeley
刊物名称:
MATHEMATICS OF OPERATIONS RESEARCH
ISSN/ISSBN:
0364-765X
DOI:
10.1287/moor.1090.0436
发表日期:
2010
页码:
1-13
关键词:
Complexity
摘要:
In a combinatorial auction m heterogenous indivisible items are sold to n bidders. This paper considers settings in which the valuation functions of the bidders are known to be complement free (a.k.a. subadditive). We provide several approximation algorithms for the social-welfare maximization problem in such settings. First, we present a logarithmic upper bound for the case that the access to the valuation functions is via demand queries. For the weaker value queries model we provide a tight O(root m) approximation. Unlike the other algorithms we present, this algorithm is also incentive compatible. Finally, we present two approximation algorithms for the more restricted class of XOS valuations: A simple deterministic algorithm that provides an approximation ratio of two and an optimal e/(e - 1) approximation achieved via randomized rounding. We also present optimal lower bounds for both the demand oracles model and the value oracles model.
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