855 research outputs found
Truthful approximations to range voting
We consider the fundamental mechanism design problem of approximate social
welfare maximization under general cardinal preferences on a finite number of
alternatives and without money. The well-known range voting scheme can be
thought of as a non-truthful mechanism for exact social welfare maximization in
this setting. With m being the number of alternatives, we exhibit a randomized
truthful-in-expectation ordinal mechanism implementing an outcome whose
expected social welfare is at least an Omega(m^{-3/4}) fraction of the social
welfare of the socially optimal alternative. On the other hand, we show that
for sufficiently many agents and any truthful-in-expectation ordinal mechanism,
there is a valuation profile where the mechanism achieves at most an
O(m^{-{2/3}) fraction of the optimal social welfare in expectation. We get
tighter bounds for the natural special case of m = 3, and in that case
furthermore obtain separation results concerning the approximation ratios
achievable by natural restricted classes of truthful-in-expectation mechanisms.
In particular, we show that for m = 3 and a sufficiently large number of
agents, the best mechanism that is ordinal as well as mixed-unilateral has an
approximation ratio between 0.610 and 0.611, the best ordinal mechanism has an
approximation ratio between 0.616 and 0.641, while the best mixed-unilateral
mechanism has an approximation ratio bigger than 0.660. In particular, the best
mixed-unilateral non-ordinal (i.e., cardinal) mechanism strictly outperforms
all ordinal ones, even the non-mixed-unilateral ordinal ones
Truthful Mechanisms for Matching and Clustering in an Ordinal World
We study truthful mechanisms for matching and related problems in a partial
information setting, where the agents' true utilities are hidden, and the
algorithm only has access to ordinal preference information. Our model is
motivated by the fact that in many settings, agents cannot express the
numerical values of their utility for different outcomes, but are still able to
rank the outcomes in their order of preference. Specifically, we study problems
where the ground truth exists in the form of a weighted graph of agent
utilities, but the algorithm can only elicit the agents' private information in
the form of a preference ordering for each agent induced by the underlying
weights. Against this backdrop, we design truthful algorithms to approximate
the true optimum solution with respect to the hidden weights. Our techniques
yield universally truthful algorithms for a number of graph problems: a
1.76-approximation algorithm for Max-Weight Matching, 2-approximation algorithm
for Max k-matching, a 6-approximation algorithm for Densest k-subgraph, and a
2-approximation algorithm for Max Traveling Salesman as long as the hidden
weights constitute a metric. We also provide improved approximation algorithms
for such problems when the agents are not able to lie about their preferences.
Our results are the first non-trivial truthful approximation algorithms for
these problems, and indicate that in many situations, we can design robust
algorithms even when the agents may lie and only provide ordinal information
instead of precise utilities.Comment: To appear in the Proceedings of WINE 201
Welfare Maximization and Truthfulness in Mechanism Design with Ordinal Preferences
We study mechanism design problems in the {\em ordinal setting} wherein the
preferences of agents are described by orderings over outcomes, as opposed to
specific numerical values associated with them. This setting is relevant when
agents can compare outcomes, but aren't able to evaluate precise utilities for
them. Such a situation arises in diverse contexts including voting and matching
markets.
Our paper addresses two issues that arise in ordinal mechanism design. To
design social welfare maximizing mechanisms, one needs to be able to
quantitatively measure the welfare of an outcome which is not clear in the
ordinal setting. Second, since the impossibility results of Gibbard and
Satterthwaite~\cite{Gibbard73,Satterthwaite75} force one to move to randomized
mechanisms, one needs a more nuanced notion of truthfulness.
We propose {\em rank approximation} as a metric for measuring the quality of
an outcome, which allows us to evaluate mechanisms based on worst-case
performance, and {\em lex-truthfulness} as a notion of truthfulness for
randomized ordinal mechanisms. Lex-truthfulness is stronger than notions
studied in the literature, and yet flexible enough to admit a rich class of
mechanisms {\em circumventing classical impossibility results}. We demonstrate
the usefulness of the above notions by devising lex-truthful mechanisms
achieving good rank-approximation factors, both in the general ordinal setting,
as well as structured settings such as {\em (one-sided) matching markets}, and
its generalizations, {\em matroid} and {\em scheduling} markets.Comment: Some typos correcte
The Core of the Participatory Budgeting Problem
In participatory budgeting, communities collectively decide on the allocation
of public tax dollars for local public projects. In this work, we consider the
question of fairly aggregating the preferences of community members to
determine an allocation of funds to projects. This problem is different from
standard fair resource allocation because of public goods: The allocated goods
benefit all users simultaneously. Fairness is crucial in participatory decision
making, since generating equitable outcomes is an important goal of these
processes. We argue that the classic game theoretic notion of core captures
fairness in the setting. To compute the core, we first develop a novel
characterization of a public goods market equilibrium called the Lindahl
equilibrium, which is always a core solution. We then provide the first (to our
knowledge) polynomial time algorithm for computing such an equilibrium for a
broad set of utility functions; our algorithm also generalizes (in a
non-trivial way) the well-known concept of proportional fairness. We use our
theoretical insights to perform experiments on real participatory budgeting
voting data. We empirically show that the core can be efficiently computed for
utility functions that naturally model our practical setting, and examine the
relation of the core with the familiar welfare objective. Finally, we address
concerns of incentives and mechanism design by developing a randomized
approximately dominant-strategy truthful mechanism building on the exponential
mechanism from differential privacy
Social welfare in one-sided matchings: Random priority and beyond
We study the problem of approximate social welfare maximization (without
money) in one-sided matching problems when agents have unrestricted cardinal
preferences over a finite set of items. Random priority is a very well-known
truthful-in-expectation mechanism for the problem. We prove that the
approximation ratio of random priority is Theta(n^{-1/2}) while no
truthful-in-expectation mechanism can achieve an approximation ratio better
than O(n^{-1/2}), where n is the number of agents and items. Furthermore, we
prove that the approximation ratio of all ordinal (not necessarily
truthful-in-expectation) mechanisms is upper bounded by O(n^{-1/2}), indicating
that random priority is asymptotically the best truthful-in-expectation
mechanism and the best ordinal mechanism for the problem.Comment: 13 page
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