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Incentive-Compatible Selection Mechanisms for Forests

Published: 13 July 2020 Publication History

Abstract

Given a directed forest-graph, a probabilistic selection mechanismis a probability distribution over the vertex set. A selection mechanism is incentive-compatible(IC), if the probability assigned to a vertex does not change when we alter its outgoing edge (or even remove it). The quality of a selection mechanism is the worst-case ratio between the expected progeny under the mechanism's distribution and the maximal progeny in the forest. In this paper we prove an upper bound of 4/5 and a lower bound of 1/łn16 ~0.36 for the quality of any IC selection mechanism. The lower bound is achieved by two novel mechanisms and is a significant improvement to the results of Babichenko et al. (WWW '18). The first, simpler mechanism, has the nice feature of generating distributions which are fair (i.e., monotone and proportional). The downside of this mechanism is that it is not exact (i.e., the probabilities might sum-up to less than 1). Our second, more involved mechanism, is exact but not fair. We also prove an impossibility for an IC mechanism that is both exact and fair and has a positive quality.

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cover image ACM Conferences
EC '20: Proceedings of the 21st ACM Conference on Economics and Computation
July 2020
937 pages
ISBN:9781450379755
DOI:10.1145/3391403
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 ACM 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]

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Publication History

Published: 13 July 2020

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Author Tags

  1. incentive compatibility
  2. selection mechanisms

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  • Research-article

Funding Sources

  • European Research Council

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EC '20
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EC '20: The 21st ACM Conference on Economics and Computation
July 13 - 17, 2020
Virtual Event, Hungary

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Overall Acceptance Rate 664 of 2,389 submissions, 28%

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  • (2024)Deterministic Impartial Selection with WeightsACM Transactions on Economics and Computation10.1145/367717712:3(1-22)Online publication date: 6-Sep-2024
  • (2024)Impartial Selection with Additive Guarantees via Iterated DeletionGames and Economic Behavior10.1016/j.geb.2024.01.008Online publication date: Feb-2024
  • (2024)Manipulation and Peer Mechanisms: A SurveyArtificial Intelligence10.1016/j.artint.2024.104196(104196)Online publication date: Aug-2024
  • (2023)Incentive-compatible selection for one or two influentialsProceedings of the Thirty-Second International Joint Conference on Artificial Intelligence10.24963/ijcai.2023/327(2931-2938)Online publication date: 19-Aug-2023
  • (2023)Impartial Selection with Prior InformationProceedings of the ACM Web Conference 202310.1145/3543507.3583553(3614-3624)Online publication date: 30-Apr-2023
  • (2023)Deterministic Impartial Selection with WeightsWeb and Internet Economics10.1007/978-3-031-48974-7_9(151-168)Online publication date: 31-Dec-2023
  • (2022)Optimal Impartial CorrespondencesWeb and Internet Economics10.1007/978-3-031-22832-2_11(187-203)Online publication date: 9-Dec-2022
  • (2021)You are the best reviewer of your own papersProceedings of the 35th International Conference on Neural Information Processing Systems10.5555/3540261.3542400(27929-27939)Online publication date: 6-Dec-2021
  • (2021)Incentive Compatible Mechanism for Influential Agent SelectionAlgorithmic Game Theory10.1007/978-3-030-85947-3_6(79-93)Online publication date: 14-Sep-2021

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