Simple, optimal and efficient auctions

Proceedings of the 7th International Workshop, WINE 2011, Singapore, December 11-14, 2011.We study the extent to which simple auctions can simultaneously achieve good revenue and efficiency guarantees in single-item settings. Motivated by the optimality of the second price auction with monopoly reserves when the bidders’ values are drawn i.i.d. from regular distributions [12], and its approximate optimality when they are drawn from independent regular distributions [11], we focus our attention to the second price auction with general (not necessarily monopoly) reserve prices, arguably one of the simplest and most intuitive auction formats. As our main result, we show that for a carefully chosen set of reserve prices this auction guarantees at least 20% of both the optimal welfare and the optimal revenue, when the bidders’ values are distributed according to independent, not necessarily identical, regular distributions. We also prove a similar guarantee, when the values are drawn i.i.d. from a—possibly irregular—distribution.National Science Foundation (U.S.) (award CCF-0953960)National Science Foundation (U.S.) (CCF-1101491

Majority Dynamics and Aggregation of Information in Social Networks

Consider n individuals who, by popular vote, choose among q >= 2 alternatives, one of which is "better" than the others. Assume that each individual votes independently at random, and that the probability of voting for the better alternative is larger than the probability of voting for any other. It follows from the law of large numbers that a plurality vote among the n individuals would result in the correct outcome, with probability approaching one exponentially quickly as n tends to infinity. Our interest in this paper is in a variant of the process above where, after forming their initial opinions, the voters update their decisions based on some interaction with their neighbors in a social network. Our main example is "majority dynamics", in which each voter adopts the most popular opinion among its friends. The interaction repeats for some number of rounds and is then followed by a population-wide plurality vote. The question we tackle is that of "efficient aggregation of information": in which cases is the better alternative chosen with probability approaching one as n tends to infinity? Conversely, for which sequences of growing graphs does aggregation fail, so that the wrong alternative gets chosen with probability bounded away from zero? We construct a family of examples in which interaction prevents efficient aggregation of information, and give a condition on the social network which ensures that aggregation occurs. For the case of majority dynamics we also investigate the question of unanimity in the limit. In particular, if the voters' social network is an expander graph, we show that if the initial population is sufficiently biased towards a particular alternative then that alternative will eventually become the unanimous preference of the entire population.Comment: 22 page

Gorenstein homological algebra and universal coefficient theorems

We study criteria for a ring—or more generally, for a small category—to be Gorenstein and for a module over it to be of finite projective dimension. The goal is to unify the universal coefficient theorems found in the literature and to develop machinery for proving new ones. Among the universal coefficient theorems covered by our methods we find, besides all the classic examples, several exotic examples arising from the KK-theory of C*-algebras and also Neeman’s Brown–Adams representability theorem for compactly generated categories

Worldline Superfield Actions for N=2 Superparticles

We propose doubly supersymmetric actions in terms of n=2(D-2) worldline superfields for N=2 superparticles in D=3,4 and Type IIA D=6 superspaces. These actions are obtained by dimensional reduction of superfield actions for N=1 superparticles in D=4,6 and 10, respectively. We show that in all these models geometrodynamical constraints on target superspace coordinates do not put the theory on the mass shell, so the actions constructed consistently describe the dynamics of the corresponding N=2 superparticles. We also find that in contrast to the IIA D=6 superparticle a chiral IIB D=6 superparticle, which is not obtainable by dimensional reduction from N=1, D=10, is described by superfield constraints which produce dynamical equations. This implies that for the IIB D=6 superparticle the doubly supersymmetric action does not exist in the conventional form.Comment: Latex, 20 pp. Minor corrections, acknowledgements adde

Nano-sized SQUID-on-tip for scanning probe microscopy

We present a SQUID of novel design, which is fabricated on the tip of a pulled quartz tube in a simple 3-step evaporation process without need for any additional processing, patterning, or lithography. The resulting devices have SQUID loops with typical diameters in the range 75–300 nm. They operate in magnetic fields up to 0.6 T and have flux sensitivity of 1.8 μΦ0/Hz1/2 and magnetic field sensitivity of 10−7 T/Hz1/2, which corresponds to a spin sensitivity of 65 μB/Hz1/2 for aluminum SQUIDs. The shape of the tip and the small area of the SQUID loop, together with its high sensitivity, make our device an excellent tool for scanning SQUID microscopy: With the SQUID-on-tip glued to a tine of a quartz tuning fork, we have succeeded in obtaining magnetic images of a patterned niobium film and of vortices in a superconducting film in a magnetic field.Physic

On Albanese torsors and the elementary obstruction

We show that the elementary obstruction to the existence of 0-cycles of degree 1 on an arbitrary variety X (over an arbitrary field) can be expressed in terms of the Albanese 1-motives associated with dense open subsets of X. Arithmetic applications are given

The Universality of Einstein Equations

It is shown that for a wide class of analytic Lagrangians which depend only on the scalar curvature of a metric and a connection, the application of the so--called ``Palatini formalism'', i.e., treating the metric and the connection as independent variables, leads to ``universal'' equations. If the dimension $n$ of space--time is greater than two these universal equations are Einstein equations for a generic Lagrangian and are suitably replaced by other universal equations at bifurcation points. We show that bifurcations take place in particular for conformally invariant Lagrangians $L=R^{n/2} \sqrt g$ and prove that their solutions are conformally equivalent to solutions of Einstein equations. For 2--dimensional space--time we find instead that the universal equation is always the equation of constant scalar curvature; the connection in this case is a Weyl connection, containing the Levi--Civita connection of the metric and an additional vectorfield ensuing from conformal invariance. As an example, we investigate in detail some polynomial Lagrangians and discuss their bifurcations.Comment: 15 pages, LaTeX, (Extended Version), TO-JLL-P1/9

Comparative Study for Inference of Hidden Classes in Stochastic Block Models

Inference of hidden classes in stochastic block model is a classical problem with important applications. Most commonly used methods for this problem involve na\"{\i}ve mean field approaches or heuristic spectral methods. Recently, belief propagation was proposed for this problem. In this contribution we perform a comparative study between the three methods on synthetically created networks. We show that belief propagation shows much better performance when compared to na\"{\i}ve mean field and spectral approaches. This applies to accuracy, computational efficiency and the tendency to overfit the data.Comment: 8 pages, 5 figures AIGM1