Polyhedral Clinching Auctions for Indivisible Goods

被引:0
|
作者
Hirai, Hiroshi [1 ]
Sato, Ryosuke [2 ]
机构
[1] Nagoya Univ, Grad Sch Math, Nagoya, Aichi, Japan
[2] Keio Univ, Fac Sci & Technol, Yokohama, Kanagawa, Japan
关键词
Auctions; budget constraints; polymatroids; liquid welfare;
D O I
10.1145/3708506
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
In this study, we propose a polyhedral clinching auction for indivisible goods, which has so far been studied for divisible goods. As in the divisible setting by Goel et al. (2015), our mechanism enjoys incentive compatibility, individual rationality, and Pareto optimality, and works with polymatroidal environments. A notable feature of this mechanism for the indivisible setting is that the entire procedure can be conducted in time polynomial of the number of buyers and goods. Moreover, we show additional efficiency guarantees, recently established by Sato for the divisible setting: the liquid welfare (LW) of our mechanism achieves more than half of the optimal LW, and the social welfare is more than the optimal LW.
引用
收藏
页数:30
相关论文
共 50 条
  • [41] Democratic fair allocation of indivisible goods
    Segal-Halevi, Erel
    Suksompong, Warut
    ARTIFICIAL INTELLIGENCE, 2019, 277
  • [42] An Online Allocation Algorithm of Indivisible Goods
    Shimizu, Kohei
    Manabe, Yoshifumi
    PROCEEDINGS OF THE 6TH INTERNATIONAL CONFERENCE ON INFORMATION COMMUNICATION AND MANAGEMENT (ICICM 2016), 2016, : 57 - 61
  • [43] Fair Allocation of Indivisible Goods and Chores
    Aziz, Haris
    Caragiannis, Ioannis
    Igarashi, Ayumi
    Walsh, Toby
    PROCEEDINGS OF THE TWENTY-EIGHTH INTERNATIONAL JOINT CONFERENCE ON ARTIFICIAL INTELLIGENCE, 2019, : 53 - 59
  • [44] Fair Allocation of Indivisible Public Goods
    Fain, Brandon
    Munagala, Kamesh
    Shah, Nisarg
    ACM EC'18: PROCEEDINGS OF THE 2018 ACM CONFERENCE ON ECONOMICS AND COMPUTATION, 2018, : 575 - 592
  • [45] Fair allocation of indivisible goods and chores
    Aziz, Haris
    Caragiannis, Ioannis
    Igarashi, Ayumi
    Walsh, Toby
    AUTONOMOUS AGENTS AND MULTI-AGENT SYSTEMS, 2022, 36 (01)
  • [46] Exchange in a general market with indivisible goods
    Papai, Szilvia
    JOURNAL OF ECONOMIC THEORY, 2007, 132 (01) : 208 - 235
  • [47] The polyhedral geometry of truthful auctions
    Joswig, Michael
    Klimm, Max
    Spitz, Sylvain
    MATHEMATICAL PROGRAMMING, 2024, : 539 - 566
  • [48] The Polyhedral Geometry of Truthful Auctions
    Joswig, Michael
    Klimm, Max
    Spitz, Sylvain
    INTEGER PROGRAMMING AND COMBINATORIAL OPTIMIZATION, IPCO 2023, 2023, 13904 : 231 - 245
  • [49] Comparative statics in markets for indivisible goods
    Caplin, Andrew
    Leahy, John
    JOURNAL OF MATHEMATICAL ECONOMICS, 2020, 90 : 80 - 94
  • [50] The replacement principle in economies with indivisible goods
    Thomson, W
    SOCIAL CHOICE AND WELFARE, 1998, 15 (01) : 57 - 66