Cost Sharing over Combinatorial Domains: Complement-Free Cost Functions and Beyond

10/14/2019
by   Georgios Birmpas, et al.
0

We study mechanism design for combinatorial cost sharing. Imagine that multiple items or services are available to be shared among a set of interested agents. The outcome of a mechanism in this setting consists of an assignment, determining for each item the set of players who are granted service, together with respective payments. Although there are several works studying specialized versions of such problems, there has been almost no progress for general combinatorial cost sharing domains until recently <cit.>. The main goal of our work is to further understand this interplay in terms of budget balance and social cost approximation. Towards this, we provide a refinement of cross-monotonicity (trace-monotonicity) that is applicable to iterative mechanisms. The trace here refers to the order in which players become finalized. On top of this, we also provide two parameterizations of cost functions which capture the behavior of their average cost-shares. Based on our trace-monotonicity property, we design a scheme of ascending cost sharing mechanisms which is applicable to the combinatorial cost sharing setting with symmetric submodular valuations. Using our first cost function parameterization, we identify conditions under which our mechanism is weakly group-strategyproof, O(1)-budget-balanced and O(H_n)-approximate with respect to the social cost. Finally, we consider general valuation functions and exploit our second parameterization to derive a more fine-grained analysis of the Sequential Mechanism introduced by Moulin. This mechanism is budget balanced by construction, but in general only guarantees a poor social cost approximation of n. We identify conditions under which the mechanism achieves improved social cost approximation guarantees.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
05/31/2021

Truthful Mechanisms for Two-Sided Markets via Prophet Inequalities

We design novel mechanisms for welfare-maximization in two-sided markets...
research
09/06/2018

A Bridge between Liquid and Social Welfare in Combinatorial Auctions with Submodular Bidders

We study incentive compatible mechanisms for Combinatorial Auctions wher...
research
11/13/2018

Multi-unit Bilateral Trade

We characterise the set of dominant strategy incentive compatible (DSIC)...
research
05/02/2019

Budget-Feasible Mechanism Design for Non-Monotone Submodular Objectives: Offline and Online

The framework of budget-feasible mechanism design studies procurement au...
research
02/26/2020

Mechanism Design for Public Projects via Neural Networks

We study mechanism design for nonexcludable and excludable binary public...
research
11/07/2019

Improved Truthful Mechanisms for Combinatorial Auctions with Submodular Bidders

A longstanding open problem in Algorithmic Mechanism Design is to design...
research
07/14/2023

Partial Allocations in Budget-Feasible Mechanism Design: Bridging Multiple Levels of Service and Divisible Agents

Budget-feasible procurement has been a major paradigm in mechanism desig...

Please sign up or login with your details

Forgot password? Click here to reset