2017
DOI: 10.1007/s00224-017-9832-3
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Designing Cost-Sharing Methods for Bayesian Games

Abstract: We study the design of cost-sharing protocols for two fundamental resource allocation problems, the Set Cover and the Steiner Tree Problem, under environments of incomplete information (Bayesian model). Our objective is to design protocols where the worst-case Bayesian Nash equilibria have low cost, i.e. the Bayesian Price of Anarchy (PoA) is minimized. Although budget balance is a very natural requirement, it puts considerable restrictions on the design space, resulting in high PoA. We propose an alternative,… Show more

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Cited by 8 publications
(6 citation statements)
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“…More general separable protocols have been studied mostly in terms of the price of anarchy, e.g., for scheduling (or matroid games) [6,13,19,24,53] or single-source network design with [20,21] and without uncertainty [17]. The best result here is a price of anarchy (and stability) of 2 via Prim-Sharing [17], a protocol inspired by Prim's MST algorithm.…”
Section: Preliminaries and Related Workmentioning
confidence: 99%
“…More general separable protocols have been studied mostly in terms of the price of anarchy, e.g., for scheduling (or matroid games) [6,13,19,24,53] or single-source network design with [20,21] and without uncertainty [17]. The best result here is a price of anarchy (and stability) of 2 via Prim-Sharing [17], a protocol inspired by Prim's MST algorithm.…”
Section: Preliminaries and Related Workmentioning
confidence: 99%
“…The cost-sharing mechanism is aware of this stochastic process, so they designed a mechanism that leverages this information to achieve a constant PoA. Following-up on this work Christodoulou et al [11] extended the constant PoA to also include Bayesian Nash equilibria.…”
Section: Related Workmentioning
confidence: 99%
“…More general separable protocols have been studied mostly in terms of the price of anarchy, e.g., for scheduling (or matroid games) [6,13,19,24,52] or single-source network design with [20,21] and without uncertainty [17]. The best result here is a price of anarchy (and stability) of 2 via Prim-Sharing [17], a protocol inspired by Prim's MST algorithm.…”
Section: Preliminaries and Related Workmentioning
confidence: 99%