2020
DOI: 10.1145/3381521
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Combinatorial Auctions Do Need Modest Interaction

Abstract: We study the necessity of interaction for obtaining efficient allocations in combinatorial auctions with subadditive bidders. This problem was originally introduced by Dobzinski, Nisan, and Oren [9] as the following simple market scenario: m items are to be allocated among n bidders in a distributed setting where bidders valuations are private and hence communication is needed to obtain an efficient allocation. The communication happens in rounds: in each round, each bidder, simultaneously with others, broadca… Show more

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Cited by 8 publications
(12 citation statements)
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“…Thus, in an optimal allocation of M to N mech , no item have price more than ψ max and also the total contribution of items with price smaller than ψ min is negligible, hence we can safely ignore them. This in turn implies that Assumption 1 holds and by Theorem 1, PriceLearningMechanism(N mech , M ) outputs an allocation with welfare ALG mech such that E [ALG mech ] ≥ OPT mech · Ω 1 (log log m) 3 . Moreover, by the choice of N mech , we have E [OPT mech ] = OPT/2.…”
Section: Removing the Extra Assumptionsmentioning
confidence: 94%
See 1 more Smart Citation
“…Thus, in an optimal allocation of M to N mech , no item have price more than ψ max and also the total contribution of items with price smaller than ψ min is negligible, hence we can safely ignore them. This in turn implies that Assumption 1 holds and by Theorem 1, PriceLearningMechanism(N mech , M ) outputs an allocation with welfare ALG mech such that E [ALG mech ] ≥ OPT mech · Ω 1 (log log m) 3 . Moreover, by the choice of N mech , we have E [OPT mech ] = OPT/2.…”
Section: Removing the Extra Assumptionsmentioning
confidence: 94%
“…Main Result. There exists a universally truthful mechanism for combinatorial auctions with submodular valuations that achieves an approximation ratio of O((log log m) 3 ) to the social welfare in expectation using polynomial number of value and demand queries.…”
Section: Introductionmentioning
confidence: 99%
“…Summing up the LHS and RHS in Eq (8) and Eq (9), finalizes the proof. Lemma (Restatement of Lemma 4.7).…”
mentioning
confidence: 87%
“…Similar-in-spirit round/communication tradeoffs for distributed computation of many graph and related problems have also been studied in the literature [7,8,11,32,34,51]. For example, [34] proves an Ω( log n log log n ) round lower bound for protocols with low communication that can approximate matchings in a communication model in which players correspond to vertices of an n-vertex graph.…”
Section: A Further Related Workmentioning
confidence: 99%
“…In establishing Result 1, we introduce a general framework for proving communication complexity lower bounds for bounded round protocols in the distributed coordinator model. This framework, formally introduced in Section 4, captures many of the existing multi-party communication complexity lower bounds in the literature for bounded-round protocols including [12,13,34,51] (for one round a.k.a simultaneous protocols), and [7,8] (for multi-round protocols). We believe our framework will prove useful for establishing distributed lower bound results for other problems, and is thus interesting in its own right.…”
Section: Our Contributionsmentioning
confidence: 99%