3,452 research outputs found

    Simplicity-Expressiveness Tradeoffs in Mechanism Design

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    A fundamental result in mechanism design theory, the so-called revelation principle, asserts that for many questions concerning the existence of mechanisms with a given outcome one can restrict attention to truthful direct revelation-mechanisms. In practice, however, many mechanism use a restricted message space. This motivates the study of the tradeoffs involved in choosing simplified mechanisms, which can sometimes bring benefits in precluding bad or promoting good equilibria, and other times impose costs on welfare and revenue. We study the simplicity-expressiveness tradeoff in two representative settings, sponsored search auctions and combinatorial auctions, each being a canonical example for complete information and incomplete information analysis, respectively. We observe that the amount of information available to the agents plays an important role for the tradeoff between simplicity and expressiveness

    The family of c-bisection auctions: efficiency and running time

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    In this paper we analyze the performance of a recently proposed sequential auction, called the c-bisection auction, that can be used for a sale of a single indivisible object. We discuss the running time and the e±ciency in the ex-post equilibrium of the auction. We show that by changing the parameter c of the auction we can trade o® e±ciency against running time. Moreover, we show that the auction that gives the desired level of e±ciency in expectation takes the same number of rounds for any number of players.computer science applications;

    Gossip, Sexual Recombination and the El Farol Bar: modelling the emergence of heterogeneity

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    Brian Arthur's `El Farol Bar' model is extended so that the agents also learn and communicate. The learning and communication is implemented using an evolutionary process acting upon a population of mental models inside each agent. The evolutionary process is based on a Genetic Programming algorithm. Each gene is composed of two tree-structures: one to control its action and one to determine its communication. A detailed case-study from the simulations show how the agents have differentiated so that by the end of the run they had taken on very different roles. Thus the introduction of a flexible learning process and an expressive internal representation has allowed the emergence of heterogeneity

    Cheat Sensitive Quantum Bit Commitment

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    We define cheat sensitive cryptographic protocols between mistrustful parties as protocols which guarantee that, if either cheats, the other has some nonzero probability of detecting the cheating. We give an example of an unconditionally secure cheat sensitive non-relativistic bit commitment protocol which uses quantum information to implement a task which is classically impossible; we also describe a simple relativistic protocol.Comment: Final version: a slightly shortened version of this will appear in PRL. Minor corrections from last versio

    From corpus-based collocation frequencies to readability measure

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    This paper provides a broad overview of three separate but related areas of research. Firstly, corpus linguistics is a growing discipline that applies analytical results from large language corpora to a wide variety of problems in linguistics and related disciplines. Secondly, readability research, as the name suggests, seeks to understand what makes texts more or less comprehensible to readers, and aims to apply this understanding to issues such as text rating and matching of texts to readers. Thirdly, collocation is a language feature that occurs when particular words are used frequently together for other than purely grammatical reasons. The intersection of these three aspects provides the basis for on-going research within the Department of Computer and Information Sciences at the University of Strathclyde and is the motivation for this overview. Specifically, we aim through analysis of collocation frequencies in major corpora, to afford valuable insight on the content of texts, which we believe will, in turn, provide a novel basis for estimating text readability

    Fraction auctions: the tradeoff between effciency and running time

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    This paper studies the sales of a single indivisible object where bidders have continuous valuations. In Grigorieva et al. [13] it was shown that, in this setting, query auctions necessarily allocate inefficiently in equilibrium. In this paper we propose a new sequential auction, called the c-fraction auction. We show c-fraction auctions guarantee approximate efficiency at any desired level of accuracy, independent of the number of bidders. We discuss the running time and the efficiency in the ex-post equilibrium of the auction. We show that by changing the parameter c of the auction we can trade off efficiency against running time.operations research and management science;

    Creationism and evolution

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    In Tower of Babel, Robert Pennock wrote that “defenders of evolution would help their case immeasurably if they would reassure their audience that morality, purpose, and meaning are not lost by accepting the truth of evolution.” We first consider the thesis that the creationists’ movement exploits moral concerns to spread its ideas against the theory of evolution. We analyze their arguments and possible reasons why they are easily accepted. Creationists usually employ two contradictive strategies to expose the purported moral degradation that comes with accepting the theory of evolution. On the one hand they claim that evolutionary theory is immoral. On the other hand creationists think of evolutionary theory as amoral. Both objections come naturally in a monotheistic view. But we can find similar conclusions about the supposed moral aspects of evolution in non-religiously inspired discussions. Meanwhile, the creationism-evolution debate mainly focuses — understandably — on what constitutes good science. We consider the need for moral reassurance and analyze reassuring arguments from philosophers. Philosophers may stress that science does not prescribe and is therefore not immoral, but this reaction opens the door for the objection of amorality that evolution — as a naturalistic world view at least — supposedly endorses. We consider that the topic of morality and its relation to the acceptance of evolution may need more empirical research
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