Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
skip to main content
10.1145/2764468.2764492acmconferencesArticle/Chapter ViewAbstractPublication PagesecConference Proceedingsconference-collections
research-article

Learning What's Going on: Reconstructing Preferences and Priorities from Opaque Transactions

Published: 15 June 2015 Publication History

Abstract

We consider a setting where n buyers, with combinatorial preferences over m items, and a seller, running a priority-based allocation mechanism, repeatedly interact. Our goal, from observing limited information about the results of these interactions, is to reconstruct both the preferences of the buyers and the mechanism of the seller. More specifically, we consider an online setting where at each stage, a subset of the buyers arrive and are allocated items, according to some unknown priority that the seller has among the buyers. Our learning algorithm observes only which buyers arrive and the allocation produced (or some function of the allocation, such as just which buyers received positive utility and which did not), and its goal is to predict the outcome for future subsets of buyers. For this task, the learning algorithm needs to reconstruct both the priority among the buyers and the preferences of each buyer. We derive mistake bound algorithms for additive, unit-demand and single minded buyers. We also consider the case where buyers' utilities for a fixed bundle can change between stages due to different (observed) prices. Our algorithms are efficient both in computation time and in the maximum number of mistakes (both polynomial in the number of buyers and items).

References

[1]
AMIN, K., CUMMINGS, R., DWORKIN, L., KEARNS, M., AND ROTH, A. 2014. Online learning and profit maximization from revealed preferences. arXiv.
[2]
BALCAN, M.-F., DANIELY, A., MEHTA, R., URNER, R., AND VAZIRANI, V. V. 2014. Learning economic parameters from revealed preferences. arXiv abs/1407.7937.
[3]
BEIGMAN, E. AND VOHRA, R. 2006. Learning from revealed preference. In Proceedings of the 7th ACM Conference on Electronic Commerce. ACM, 36--42.
[4]
HELMBOLD, D., SLOAN, R., AND WARMUTH, M. K. 1990. Learning nested differences of intersection closed concept classes. Machine Learning 5, 2, 165--196. Special Issue on Computational Learning Theory; first appeared in 2nd COLT conference (1989).
[5]
KARZANOV, A. AND KHACHIYAN, L. 1991. On the conductance of order markov chains. Order 8,1, 7--15.
[6]
KEARNS, M. AND VALIANT, L. 1994. Cryptographic limitations on learning boolean formulae and finite automata. Journal of the ACM (JACM) 41, 1, 67--95.
[7]
MAASS, W. AND TURAN, G. 1990. How fast can a threshold gate learn? International Computer Science Institute.
[8]
SAMUELSON, P. A. 1938. A note on the pure theory of consumer's behaviour. Economica, 61--71.
[9]
VARIAN, H. R. 2006. Revealed preference. Samuelsonian economics and the twenty-first century, 99--115.
[10]
ZADIMOGHADDAM, M. AND ROTH, A. 2012. Efficiently learning from revealed preference. In Internet and Network Economics. Springer, 114--127.

Cited By

View all
  • (2018)Social Welfare and Profit Maximization from Revealed PreferencesWeb and Internet Economics10.1007/978-3-030-04612-5_18(264-281)Online publication date: 21-Nov-2018
  • (2016)Learning from rational behaviorProceedings of the 30th International Conference on Neural Information Processing Systems10.5555/3157096.3157273(1578-1586)Online publication date: 5-Dec-2016
  • (2016)Actively learning hemimetrics with applications to eliciting user preferencesProceedings of the 33rd International Conference on International Conference on Machine Learning - Volume 4810.5555/3045390.3045435(412-420)Online publication date: 19-Jun-2016

Index Terms

  1. Learning What's Going on: Reconstructing Preferences and Priorities from Opaque Transactions

    Recommendations

    Comments

    Information & Contributors

    Information

    Published In

    cover image ACM Conferences
    EC '15: Proceedings of the Sixteenth ACM Conference on Economics and Computation
    June 2015
    852 pages
    ISBN:9781450334105
    DOI:10.1145/2764468
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

    Sponsors

    Publisher

    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 15 June 2015

    Permissions

    Request permissions for this article.

    Check for updates

    Author Tags

    1. algorithms
    2. learning theory
    3. mechanism design
    4. mistake-bound learning

    Qualifiers

    • Research-article

    Funding Sources

    • The Israeli Centers of Research Excellence (I-CORE) program
    • ISFBSF MoS
    • National Science Foundation
    • Simons Foundation

    Conference

    EC '15
    Sponsor:
    EC '15: ACM Conference on Economics and Computation
    June 15 - 19, 2015
    Oregon, Portland, USA

    Acceptance Rates

    EC '15 Paper Acceptance Rate 72 of 220 submissions, 33%;
    Overall Acceptance Rate 664 of 2,389 submissions, 28%

    Contributors

    Other Metrics

    Bibliometrics & Citations

    Bibliometrics

    Article Metrics

    • Downloads (Last 12 months)1
    • Downloads (Last 6 weeks)0
    Reflects downloads up to 04 Oct 2024

    Other Metrics

    Citations

    Cited By

    View all
    • (2018)Social Welfare and Profit Maximization from Revealed PreferencesWeb and Internet Economics10.1007/978-3-030-04612-5_18(264-281)Online publication date: 21-Nov-2018
    • (2016)Learning from rational behaviorProceedings of the 30th International Conference on Neural Information Processing Systems10.5555/3157096.3157273(1578-1586)Online publication date: 5-Dec-2016
    • (2016)Actively learning hemimetrics with applications to eliciting user preferencesProceedings of the 33rd International Conference on International Conference on Machine Learning - Volume 4810.5555/3045390.3045435(412-420)Online publication date: 19-Jun-2016

    View Options

    Get Access

    Login options

    View options

    PDF

    View or Download as a PDF file.

    PDF

    eReader

    View online with eReader.

    eReader

    Media

    Figures

    Other

    Tables

    Share

    Share

    Share this Publication link

    Share on social media