300 research outputs found

    Communication Complexity of Cake Cutting

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    We study classic cake-cutting problems, but in discrete models rather than using infinite-precision real values, specifically, focusing on their communication complexity. Using general discrete simulations of classical infinite-precision protocols (Robertson-Webb and moving-knife), we roughly partition the various fair-allocation problems into 3 classes: "easy" (constant number of rounds of logarithmic many bits), "medium" (poly-logarithmic total communication), and "hard". Our main technical result concerns two of the "medium" problems (perfect allocation for 2 players and equitable allocation for any number of players) which we prove are not in the "easy" class. Our main open problem is to separate the "hard" from the "medium" classes.Comment: Added efficient communication protocol for the monotone crossing proble

    Additive Stable Solutions on Perfect Cones of Cooperative Games

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    Closed kernel systems of the coalition matrix turn out to correspond to cones of games on which the core correspondence is additive and on which the related canonical barycentric solution is additive, stable and continuous. Different perfect cones corresponding to closed kernel systems are described.cooperative games;core;barycenter of the core;perfect cone of games

    Nash Social Welfare Approximation for Strategic Agents

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    The fair division of resources is an important age-old problem that has led to a rich body of literature. At the center of this literature lies the question of whether there exist fair mechanisms despite strategic behavior of the agents. A fundamental objective function used for measuring fair outcomes is the Nash social welfare, defined as the geometric mean of the agent utilities. This objective function is maximized by widely known solution concepts such as Nash bargaining and the competitive equilibrium with equal incomes. In this work we focus on the question of (approximately) implementing the Nash social welfare. The starting point of our analysis is the Fisher market, a fundamental model of an economy, whose benchmark is precisely the (weighted) Nash social welfare. We begin by studying two extreme classes of valuations functions, namely perfect substitutes and perfect complements, and find that for perfect substitutes, the Fisher market mechanism has a constant approximation: at most 2 and at least e1e. However, for perfect complements, the Fisher market does not work well, its bound degrading linearly with the number of players. Strikingly, the Trading Post mechanism---an indirect market mechanism also known as the Shapley-Shubik game---has significantly better performance than the Fisher market on its own benchmark. Not only does Trading Post achieve an approximation of 2 for perfect substitutes, but this bound holds for all concave utilities and becomes arbitrarily close to optimal for Leontief utilities (perfect complements), where it reaches (1+ϵ)(1+\epsilon) for every ϵ>0\epsilon > 0. Moreover, all the Nash equilibria of the Trading Post mechanism are pure for all concave utilities and satisfy an important notion of fairness known as proportionality

    Cases in Cooperation and Cutting the Cake

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    Cooperative game;sharing problem

    Statistical Multiplexing and Traffic Shaping Games for Network Slicing

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    Next generation wireless architectures are expected to enable slices of shared wireless infrastructure which are customized to specific mobile operators/services. Given infrastructure costs and the stochastic nature of mobile services' spatial loads, it is highly desirable to achieve efficient statistical multiplexing amongst such slices. We study a simple dynamic resource sharing policy which allocates a 'share' of a pool of (distributed) resources to each slice-Share Constrained Proportionally Fair (SCPF). We give a characterization of SCPF's performance gains over static slicing and general processor sharing. We show that higher gains are obtained when a slice's spatial load is more 'imbalanced' than, and/or 'orthogonal' to, the aggregate network load, and that the overall gain across slices is positive. We then address the associated dimensioning problem. Under SCPF, traditional network dimensioning translates to a coupled share dimensioning problem, which characterizes the existence of a feasible share allocation given slices' expected loads and performance requirements. We provide a solution to robust share dimensioning for SCPF-based network slicing. Slices may wish to unilaterally manage their users' performance via admission control which maximizes their carried loads subject to performance requirements. We show this can be modeled as a 'traffic shaping' game with an achievable Nash equilibrium. Under high loads, the equilibrium is explicitly characterized, as are the gains in the carried load under SCPF vs. static slicing. Detailed simulations of a wireless infrastructure supporting multiple slices with heterogeneous mobile loads show the fidelity of our models and range of validity of our high load equilibrium analysis

    How to Charge Lightning: The Economics of Bitcoin Transaction Channels

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    Off-chain transaction channels represent one of the leading techniques to scale the transaction throughput in cryptocurrencies. However, the economic effect of transaction channels on the system has not been explored much until now. We study the economics of Bitcoin transaction channels, and present a framework for an economic analysis of the lightning network and its effect on transaction fees on the blockchain. Our framework allows us to reason about different patterns of demand for transactions and different topologies of the lightning network, and to derive the resulting fees for transacting both on and off the blockchain. Our initial results indicate that while the lightning network does allow for a substantially higher number of transactions to pass through the system, it does not necessarily provide higher fees to miners, and as a result may in fact lead to lower participation in mining within the system.Comment: An earlier version of the paper was presented at Scaling Bitcoin 201
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