We give the first black-box reduction from arbitrary approximation algorithms to truthful approximation mechanisms for a non-trivial class of multiparameter problems. Specifically,...
We study a multi-unit auction with multiple bidders, each of whom has a private valuation and a budget. The truthful mechanisms of such an auction are characterized, in the sense ...
Christian Borgs, Jennifer T. Chayes, Nicole Immorl...
The central problem in computational mechanism design is the tension between incentive compatibility and computational ef ciency. We establish the rst significant approximability ...
Christos H. Papadimitriou, Michael Schapira, Yaron...
We study the design of truthful mechanisms that do not use payments for the generalized assignment problem (GAP) and its variants. An instance of the GAP consists of a bipartite g...
A truthful mechanism consists of an algorithm augmented with a suitable payment function which guarantees that the "players" cannot improve their utilities by "chea...