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Record W2943895041 · doi:10.1145/3331033.3331037

Simple mechanisms for subadditive buyers via duality

2019· article· en· W2943895041 on OpenAlexaff
Yang Cai, Mingfei Zhao

Bibliographic record

VenueACM SIGecom Exchanges · 2019
Typearticle
Languageen
FieldDecision Sciences
TopicAuction Theory and Applications
Canadian institutionsMcGill University
Fundersnot available
KeywordsSubadditivitySubmodular set functionIncentive compatibilityMechanism designSimple (philosophy)Benchmark (surveying)Common value auctionRevenueMathematicsMatroidMathematical economicsCombinatorial auctionDuality (order theory)Linear programmingComputer scienceMathematical optimizationCombinatoricsIncentiveEconomicsMicroeconomicsStatistics

Abstract

fetched live from OpenAlex

A central problem in mechanism design is how to design simple and approximately revenue-optimal auctions in multi-item multi-buyer settings. Prior to our work, all results only apply to cases where the buyers' valuations are linear over the items. We unify and improve all previous results, as well as generalize the results to accommodate non-linear valuations [Cai and Zhao 2017]. In particular, we prove that a simple, deterministic and Dominant Strategy Incentive Compatible (DSIC) mechanism, namely, the sequential posted price with entry fee mechanism, achieves a constant fraction of the optimal revenue among all randomized, Bayesian Incentive Compatible (BIC) mechanisms, when buyers' valuations are XOS (a superclass of submodular valuations) over independent items. If the buyers' valuations are subadditive over independent items, the approximation factor degrades to O (log m ), where m is the number of items. We obtain our results by first extending the Cai-Devanur-Weinberg duality framework to derive an effective benchmark of the optimal revenue for subadditive buyers, and then developing new analytic tools that combine concentration inequality of subadditive functions, prophet-inequality type of arguments, and a novel decomposition of the benchmark.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.011
metaresearch head score (Gemma)0.037
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.011
Threshold uncertainty score0.059

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0110.037
Meta-epidemiology (narrow)0.0020.002
Meta-epidemiology (broad)0.0040.003
Bibliometrics0.0030.003
Science and technology studies0.0010.003
Scholarly communication0.0050.013
Open science0.0060.005
Research integrity0.0030.006
Insufficient payload (model declined to judge)0.0060.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.110
GPT teacher head0.400
Teacher spread0.290 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2019
Admission routes1
Has abstractyes

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Same venueACM SIGecom ExchangesSame topicAuction Theory and ApplicationsFrench-language works237,207