Utility and mechanism design in multi-agent systems: An overview

D Paccagnan, R Chandan, JR Marden - Annual Reviews in Control, 2022 - Elsevier
Future cities promise to be more autonomous than ever, largely owing to our ability of
coordinating complex systems in real time: fleets of self-driving cars will offer on-demand …

Intrinsic robustness of the price of anarchy

T Roughgarden - Journal of the ACM (JACM), 2015 - dl.acm.org
The price of anarchy, defined as the ratio of the worst-case objective function value of a
Nash equilibrium of a game and that of an optimal outcome, quantifies the inefficiency of …

Sponsored search auctions: Recent advances and future directions

T Qin, W Chen, TY Liu - ACM Transactions on Intelligent Systems and …, 2015 - dl.acm.org
Sponsored search has been proven to be a successful business model, and sponsored
search auctions have become a hot research direction. There have been many exciting …

Composable and efficient mechanisms

V Syrgkanis, E Tardos - Proceedings of the forty-fifth annual ACM …, 2013 - dl.acm.org
We initiate the study of efficient mechanism design with guaranteed good properties even
when players participate in multiple mechanisms simultaneously or sequentially. We define …

Welfare guarantees for combinatorial auctions with item bidding

K Bhawalkar, T Roughgarden - Proceedings of the twenty-second annual ACM …, 2011 - SIAM
We analyze the price of anarchy (POA) in a simple and practical non-truthful combinatorial
auction when players have subadditive valuations for goods. We study the mechanism that …

Simultaneous auctions are (almost) efficient

M Feldman, H Fu, N Gravin, B Lucier - … of the forty-fifth annual ACM …, 2013 - dl.acm.org
Simultaneous item auctions are simple and practical procedures for allocating items to
bidders with potentially complex preferences. In a simultaneous auction, every bidder …

Bayes-Nash equilibria of the generalized second price auction

RD Gomes, KS Sweeney - Proceedings of the 10th ACM conference on …, 2009 - dl.acm.org
We develop a Bayes-Nash analysis of the Generalized Second Price (GSP) auction. First,
we characterize the efficient Bayes-Nash equilibrium of the GSP when such an equilibrium …

The price of anarchy in games of incomplete information

T Roughgarden - Proceedings of the 13th ACM Conference on Electronic …, 2012 - dl.acm.org
We define smooth games of incomplete information. We prove an" extension theorem" for
such games: price of anarchy bounds for pure Nash equilibria for all induced full-information …

Bounding the inefficiency of outcomes in generalized second price auctions

I Caragiannis, C Kaklamanis, P Kanellopoulos… - Journal of Economic …, 2015 - Elsevier
Abstract The Generalized Second Price (GSP) auction is the primary auction used for
monetizing the use of the Internet. It is well-known that truthtelling is not a dominant strategy …

Price of anarchy for greedy auctions

B Lucier, A Borodin - Proceedings of the twenty-first annual ACM-SIAM …, 2010 - SIAM
We study mechanisms for utilitarian combinatorial allocation problems, where agents are not
assumed to be single-minded. This class of problems includes combinatorial auctions, multi …