Proceedings of the 2017 ACM Conference on Economics and Computation 2017
DOI: 10.1145/3033274.3085142
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Deferred-Acceptance Auctions for Multiple Levels of Service

Abstract: Deferred-acceptance (DA) auctions are mechanisms that are based on backward-greedy algorithms and possess a number of remarkable incentive properties, including implementation as an obviously-strategyproof ascending auction. All existing work on DA auctions considers only binary single-parameter problems, where each bidder either "wins" or "loses. " This paper generalizes the DA auction framework to non-binary settings, and applies this generalized framework to obtain approximately welfare-maximizing DA auctio… Show more

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Cited by 14 publications
(11 citation statements)
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“…Just as the characterization of DAAs in terms of reverse greedy [25] has given the first extrinsic reason to study the power and limitations of these algorithms [9,16], we believe that our characterization of OSP in terms of two-way greedy will lead to a better understanding of this algorithmic paradigm. In this work, we only began to investigate their power and much more is left to be done.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Just as the characterization of DAAs in terms of reverse greedy [25] has given the first extrinsic reason to study the power and limitations of these algorithms [9,16], we believe that our characterization of OSP in terms of two-way greedy will lead to a better understanding of this algorithmic paradigm. In this work, we only began to investigate their power and much more is left to be done.…”
Section: Discussionmentioning
confidence: 99%
“…This is achieved with a simple implementation of forward greedy that sweeps through each agent's domain from the best possible type to the worst. Another relevant approach known in the literature is Deferred Acceptance auctions (DAAs) or reverse greedy algorithms [9,16]. These use a (possibly adaptive) (out-)priority function and build a feasible solution by incrementally throwing out the agents whose type is not good enough with respect the current priority (i.e., whose cost (valuation) is higher (lower) than the out-priority) until a feasible solution is found.…”
Section: Introductionmentioning
confidence: 99%
“…[13] proposed a truthful 3 2 -approximate algorithm, when the tasks arrive simultaneously and only their duration is private. In an orthogonal setting, [14] proposed a truthful 4.83-approximation algorithm for weighted completion time minimization, when only the task weights are private.…”
Section: B Related Workmentioning
confidence: 99%
“…[14] proposed a truthful 3 2 -approximate algorithm, when the tasks arrive simultaneously and only their duration is private. In an orthogonal setting, [15] proposed a truthful 4.83-approximation algorithm for weighted completion time minimization, when only the task weights are private.…”
Section: B Relevant Literaturementioning
confidence: 99%