18 research outputs found
Nash Social Welfare in Selfish and Online Load Balancing (Short Paper)
In load balancing problems there is a set of clients, each wishing to select a resource from a set of permissible ones, in order to execute a certain task. Each resource has a latency function, which depends on its workload, and a client's cost is the completion time of her chosen resource. Two fundamental variants of load balancing problems are selfish load balancing (aka. load balancing games), where clients are non-cooperative selfish players aimed at minimizing their own cost solely, and online load balancing, where clients appear online and have to be irrevocably assigned to a resource without any knowledge about future requests. We revisit both problems under the objective of minimizing the Nash Social Welfare, i.e., the geometric mean of the clients' costs. To the best of our knowledge, despite being a celebrated welfare estimator in many social contexts, the Nash Social Welfare has not been considered so far as a benchmarking quality measure in load balancing problems. We provide tight bounds on the price of anarchy of pure Nash equilibria and on the competitive ratio of the greedy algorithm under very general latency functions, including polynomial ones. For this particular class, we also prove that the greedy strategy is optimal, as it matches the performance of any possible online algorithm
Tight Inefficiency Bounds for Perception-Parameterized Affine Congestion Games
Congestion games constitute an important class of non-cooperative games which
was introduced by Rosenthal in 1973. In recent years, several extensions of
these games were proposed to incorporate aspects that are not captured by the
standard model. Examples of such extensions include the incorporation of risk
sensitive players, the modeling of altruistic player behavior and the
imposition of taxes on the resources. These extensions were studied intensively
with the goal to obtain a precise understanding of the inefficiency of
equilibria of these games. In this paper, we introduce a new model of
congestion games that captures these extensions (and additional ones) in a
unifying way. The key idea here is to parameterize both the perceived cost of
each player and the social cost function of the system designer. Intuitively,
each player perceives the load induced by the other players by an extent of
{\rho}, while the system designer estimates that each player perceives the load
of all others by an extent of {\sigma}. The above mentioned extensions reduce
to special cases of our model by choosing the parameters {\rho} and {\sigma}
accordingly. As in most related works, we concentrate on congestion games with
affine latency functions here. Despite the fact that we deal with a more
general class of congestion games, we manage to derive tight bounds on the
price of anarchy and the price of stability for a large range of pa- rameters.
Our bounds provide a complete picture of the inefficiency of equilibria for
these perception-parameterized congestion games. As a result, we obtain tight
bounds on the price of anarchy and the price of stability for the above
mentioned extensions. Our results also reveal how one should "design" the cost
functions of the players in order to reduce the price of anar- chy
Market inefficiency, entry order and coordination
The causes of market inefficiency are many. We suggest an additional cause — buyers’ random entry order. In a market where identical sellers compete for buyers of heterogeneous valuations, first come first served is the norm. Since all buyers choose the cheapest available good, a low-valuation buyer who enters the market late may find the remaining goods unaffordable, which causes markets not to clear. We therefore propose a coordination solution to the market inefficiency problem. We find that in a market where all the high-valuation buyers enter first and all the low-valuation buyers enter afterwards, the market clears effectively. Moreover, we find the inefficiency arising from buyers’ entry order becomes less of a problem in larger economies and vanishes in the limit.Peer reviewe
Enforcing efficient equilibria in network design games via subsidies
The efficient design of networks has been an important engineering task that
involves challenging combinatorial optimization problems. Typically, a network
designer has to select among several alternatives which links to establish so
that the resulting network satisfies a given set of connectivity requirements
and the cost of establishing the network links is as low as possible. The
Minimum Spanning Tree problem, which is well-understood, is a nice example.
In this paper, we consider the natural scenario in which the connectivity
requirements are posed by selfish users who have agreed to share the cost of
the network to be established according to a well-defined rule. The design
proposed by the network designer should now be consistent not only with the
connectivity requirements but also with the selfishness of the users.
Essentially, the users are players in a so-called network design game and the
network designer has to propose a design that is an equilibrium for this game.
As it is usually the case when selfishness comes into play, such equilibria may
be suboptimal. In this paper, we consider the following question: can the
network designer enforce particular designs as equilibria or guarantee that
efficient designs are consistent with users' selfishness by appropriately
subsidizing some of the network links? In an attempt to understand this
question, we formulate corresponding optimization problems and present positive
and negative results.Comment: 30 pages, 7 figure