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- research-articleJanuary 2025JUST ACCEPTED
Fair Ride Allocation on a Line
The airport problem is a classical and well-known model of fair cost-sharing for a single facility among multiple agents. This paper extends it to a more general setting involving multiple facilities. Specifically, in our model, each agent selects a ...
- research-articleDecember 2024JUST ACCEPTED
Polyhedral Clinching Auctions for Indivisible Goods
In this study, we propose a polyhedral clinching auction for indivisible goods, which has so far been studied for divisible goods. As in the divisible setting by Goel et al. (2015), our mechanism enjoys incentive compatibility, individual rationality, and ...
- research-articleDecember 2024JUST ACCEPTED
- research-articleDecember 2024
On Hill’s Worst-Case Guarantee for Indivisible Bads
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 4Article No.: 14, Pages 1–27https://doi.org/10.1145/3703845We evaluate the fairness of a rule allocating among agents with equal rights by computing their utility for a hypothetical worst-case share, which only depends on their own valuation and the number of agents. For indivisible goods, Budish proposed the ...
- research-articleNovember 2024
Search Steering in Two-Sided Platforms
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 4Article No.: 13, Pages 1–43https://doi.org/10.1145/3696471Many two-sided platforms are known to steer customers toward certain products based on their willingness to pay. In this article, we study platforms’ incentives to adopt this type of market segmentation and present conditions under which this can generate ...
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- research-articleNovember 2024
Algorithmic Persuasion with Evidence
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 4Article No.: 12, Pages 1–34https://doi.org/10.1145/3696470In a game of persuasion with evidence, a sender has private information. By presenting evidence on the information, the sender wishes to persuade a receiver to take a single action (e.g., hire a job candidate, or convict a defendant). The sender’s utility ...
- research-articleSeptember 2024
Deterministic Impartial Selection with Weights
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 3Article No.: 10, Pages 1–22https://doi.org/10.1145/3677177In the impartial selection problem, a subset of agents up to a fixed size k among a group of n is to be chosen based on votes cast by the agents themselves. A selection mechanism is impartial if no agent can influence its own chance of being selected by ...
- research-articleSeptember 2024
The Price of Justified Representation
- Edith Elkind,
- Piotr Faliszewski,
- Ayumi Igarashi,
- Pasin Manurangsi,
- Ulrike Schmidt-Kraepelin,
- Warut Suksompong
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 3Article No.: 11, Pages 1–27https://doi.org/10.1145/3676953In multiwinner approval voting, the goal is to select a k-member committee based on voters’ approval ballots. A well-studied concept of proportionality in this context is the justified representation (JR) axiom, which demands that no large cohesive group ...
- research-articleSeptember 2024
Weighted Fairness Notions for Indivisible Items Revisited
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 3Article No.: 9, Pages 1–45https://doi.org/10.1145/3665799We revisit the setting of fairly allocating indivisible items when agents have different weights representing their entitlements. First, we propose a parameterized family of relaxations for weighted envy-freeness and the same for weighted proportionality; ...
- research-articleSeptember 2024
Inefficiency of pure Nash equilibria in network congestion games: the impact of symmetry and network structure
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 3Article No.: 8, Pages 1–30https://doi.org/10.1145/3665590We study the inefficiency of pure Nash equili bria in symmetric unweighted network congestion games. We first explore the impact of symmetry on the worst-case PoA of network congestion games. For polynomial delay functions with highest degree p, we ...
- research-articleJune 2024
Optimal Price Discrimination for Randomized Mechanisms
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 2Article No.: 5, Pages 1–37https://doi.org/10.1145/3650107We study the power of price discrimination via an intermediary in bilateral trade, when there is a revenue-maximizing seller selling an item to a buyer with a private value drawn from a prior. Between the seller and the buyer, there is an intermediary ...
- research-articleJune 2024
Matching Tasks and Workers under Known Arrival Distributions: Online Task Assignment with Two-sided Arrivals
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 2Article No.: 6, Pages 1–28https://doi.org/10.1145/3652021Efficient allocation of tasks to workers is a central problem in crowdsourcing. In this article, we consider a setting inspired by spatial crowdsourcing platforms, where both workers and tasks arrive at different times, and each worker-task assignment ...
- research-articleMarch 2024
Blockchain-based Decentralized Reward Sharing: The Case of Mining Pools
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 1Article No.: 4, Pages 1–26https://doi.org/10.1145/3641120We introduce a reciprocity protocol, an innovative approach to coordinating and sharing rewards in blockchains. Inherently decentralized and implementable, it puts emphasis on incentives rather than forcing specific sharing rules from the outset. ...
- research-articleMarch 2024
- research-articleMarch 2024
Price of Anarchy in Algorithmic Matching of Romantic Partners
ACM Transactions on Economics and Computation (TEAC), Volume 12, Issue 1Article No.: 2, Pages 1–25https://doi.org/10.1145/3627985Algorithmic matching is a pervasive mechanism in our social lives and is becoming a major medium through which people find romantic partners and potential spouses. However, romantic matching markets pose a principal-agent problem with the potential for ...
- research-articleDecember 2023
Topological Bounds on the Price of Anarchy of Clustering Games on Networks
ACM Transactions on Economics and Computation (TEAC), Volume 11, Issue 3-4Article No.: 11, Pages 1–31https://doi.org/10.1145/3625689We consider clustering games in which the players are embedded into a network and want to coordinate (or anti-coordinate) their strategy with their neighbors. The goal of a player is to choose a strategy that maximizes her utility given the strategies of ...
- research-articleDecember 2023
An Auction Algorithm for Market Equilibrium with Weak Gross Substitute Demands
ACM Transactions on Economics and Computation (TEAC), Volume 11, Issue 3-4Article No.: 7, Pages 1–24https://doi.org/10.1145/3624558We consider the Arrow–Debreu exchange market model under the assumption that the agents’ demands satisfy the weak gross substitutes (WGS) property. We present a simple auction algorithm that obtains an approximate market equilibrium for WGS demands ...
- research-articleDecember 2023
Social Cost Analysis of Shared/Buy-in Computing Systems
ACM Transactions on Economics and Computation (TEAC), Volume 11, Issue 3-4Article No.: 9, Pages 1–36https://doi.org/10.1145/3624355Shared/buy-in computing systems offer users the option to select between buy-in and shared services. In such systems, idle buy-in resources are made available to other users for sharing. With strategic users, resource purchase and allocation in such ...
- research-articleDecember 2023
Prophet Inequalities with Linear Correlations and Augmentations
ACM Transactions on Economics and Computation (TEAC), Volume 11, Issue 3-4Article No.: 8, Pages 1–29https://doi.org/10.1145/3623273In a classical online decision problem, a decision-maker who is trying to maximize her value inspects a sequence of arriving items to learn their values (drawn from known distributions) and decides when to stop the process by taking the current item. The ...
- research-articleDecember 2023