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» Computationally feasible VCG mechanisms
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Publication
580views
15 years 6 months ago
Redistribution of VCG Payments in Assignment of Heterogeneous Objects
In this paper, we seek to design a Groves mechanism for assigning p heterogeneous objects among n competing agents (n > p) with unit demand, satisfying weak budget balance, in...
Sujit Gujar, Yadati Narahari
HICSS
2007
IEEE
141views Biometrics» more  HICSS 2007»
14 years 1 months ago
Second-Best Combinatorial Auctions - The Case of the Pricing-Per-Column Mechanism
One of the main contributions of classical mechanism design is the derivation of the Groves mechanisms. The class of Groves mechanisms are the only mechanisms that are strategy-pr...
Dirk Neumann, Björn Schnizler, Ilka Weber, Ch...
PODC
2004
ACM
14 years 26 days ago
On the expected payment of mechanisms for task allocation
We study a representative task allocation problem called shortest paths: Let G be a graph in which the edges are owned by self interested agents. The cost of each edge is privatel...
Artur Czumaj, Amir Ronen
WINE
2010
Springer
152views Economy» more  WINE 2010»
13 years 5 months ago
Collusion in VCG Path Procurement Auctions
We consider collusion in path procurement auctions, where payments are determined using the VCG mechanism. We show that collusion can increase the utility of the agents, and in som...
Yoram Bachrach, Peter Key, Morteza Zadimoghaddam
AAAI
2010
13 years 9 months ago
Computationally Feasible Automated Mechanism Design: General Approach and Case Studies
In many multiagent settings, a decision must be made based on the preferences of multiple agents, and agents may lie about their preferences if this is to their benefit. In mechan...
Mingyu Guo, Vincent Conitzer