Utility and mechanism design in multi-agent systems: An overview
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 …
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 …
Nash equilibrium of a game and that of an optimal outcome, quantifies the inefficiency of …
Sponsored search auctions: Recent advances and future directions
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 …
search auctions have become a hot research direction. There have been many exciting …
Composable and efficient mechanisms
We initiate the study of efficient mechanism design with guaranteed good properties even
when players participate in multiple mechanisms simultaneously or sequentially. We define …
when players participate in multiple mechanisms simultaneously or sequentially. We define …
Welfare guarantees for combinatorial auctions with item bidding
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 …
auction when players have subadditive valuations for goods. We study the mechanism that …
Simultaneous auctions are (almost) efficient
Simultaneous item auctions are simple and practical procedures for allocating items to
bidders with potentially complex preferences. In a simultaneous auction, every bidder …
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 …
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 …
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
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 …
monetizing the use of the Internet. It is well-known that truthtelling is not a dominant strategy …
Price of anarchy for greedy auctions
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 …
assumed to be single-minded. This class of problems includes combinatorial auctions, multi …