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Local computation mechanism design

Published: 01 June 2014 Publication History

Abstract

We introduce the notion of local computation mechanism design - designing game theoretic mechanisms that run in polylogarithmic time and space. Local computation mechanisms reply to each query in polylogarithmic time and space, and the replies to different queries are consistent with the same global feasible solution. When the mechanism employs payments, the computation of the payments is also done in polylogarithmic time and space. Furthermore, the mechanism needs to maintain incentive compatibility with respect to the allocation and payments.
We present local computation mechanisms for a variety of classical game-theoretical problems: (1) stable matching, (2) job scheduling, (3) combinatorial auctions for unit-demand and k-minded bidders, and (4) the housing allocation problem.
For stable matching, some of our techniques may have implications to the global (non-LCA) setting. Specifically, we show that when the men's preference lists are bounded, we can achieve an arbitrarily good approximation to the stable matching within a fixed number of iterations of the Gale-Shapley algorithm.

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    cover image ACM Conferences
    EC '14: Proceedings of the fifteenth ACM conference on Economics and computation
    June 2014
    1028 pages
    ISBN:9781450325653
    DOI:10.1145/2600057
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    Publication History

    Published: 01 June 2014

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    Author Tags

    1. local computation algorithms
    2. mechanism design
    3. stable matching

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    EC '14: ACM Conference on Economics and Computation
    June 8 - 12, 2014
    California, Palo Alto, USA

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    EC '14 Paper Acceptance Rate 80 of 290 submissions, 28%;
    Overall Acceptance Rate 664 of 2,389 submissions, 28%

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    • (2017)Local Computation Algorithms for Graphs of Non-constant DegreesAlgorithmica10.1007/s00453-016-0126-y77:4(971-994)Online publication date: 1-Apr-2017
    • (2017)Can We Locally Compute Sparse Connected Subgraphs?Computer Science – Theory and Applications10.1007/978-3-319-58747-9_6(38-47)Online publication date: 6-May-2017
    • (2015)Robust probabilistic inferenceProceedings of the twenty-sixth annual ACM-SIAM symposium on Discrete algorithms10.5555/2722129.2722160(449-460)Online publication date: 4-Jan-2015
    • (2015)Fast Distributed Almost Stable MatchingsProceedings of the 2015 ACM Symposium on Principles of Distributed Computing10.1145/2767386.2767424(101-108)Online publication date: 21-Jul-2015

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