Near-Optimal and Robust Mechanism Design for Covering Problems with Correlated Players
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Summary
A notion of incentive compatibility that is substantially more robust than Bayesian IC is formulated, black-box reductions from support-based-IC mechanism design to algorithm design are developed, and near-optimal mechanisms for various covering settings are obtained.
- Type
- article
- Published
- 2013-11-26
- Cited by
- 5
- References
- 29
- Access
- Open access
- OpenAlex
- https://openalex.org/W1502128320
- Semantic Scholar
- https://api.semanticscholar.org/CorpusID:7009633
Keywords
Incentive compatibility, Mechanism design, Mathematical optimization, Computer science, Bayesian probability
References
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- Optimal Auction Design
- On approximating optimal auctions
- Optimal Multi-dimensional Mechanism Design: Reducing Revenue to Welfare Maximization
- Optimal Selling Strategies under Uncertainty for a Discriminating Monopolist When Demands Are Interdependent
- Greedy facility location algorithms analyzed using dual fitting with factor-revealing LP
- FULL EXTRACTION OF THE SURPLUS IN BAYESIAN AND DOMINANT STRATEGY AUCTIONS
- Truthful and near-optimal mechanism design via linear programming
- Auction Theory: A Guide to the Literature
- On the hardness of optimal auctions
- Understanding Incentives: Mechanism Design Becomes Algorithm Design
- A 1.488 approximation algorithm for the uncapacitated facility location problem
- Algorithmic Game Theory
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