Skip to main content

Algorithmic Mechanism Design

1999; Nisan, Ronen

  • Reference work entry
Book cover Encyclopedia of Algorithms
  • 504 Accesses

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 399.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    This model was not explicitly studied in classic auction theory, but standard results from there can be easily adjusted to this setting.

Recommended Reading

  1. Aggarwal, G., Fiat, A., Goldberg, A., Immorlica, N., Sudan, M.: Derandomization of auctions. In: Proc. of the 37th ACM Symposium on Theory of Computing (STOC'05), 2005

    Google Scholar 

  2. Andelman, N., Azar, Y., Sorani, M.: Truthful approximation mechanisms for scheduling selfish related machines. In: Proc. of the 22nd International Symposium on Theoretical Aspects of Computer Science (STACS), 2005, pp. 69–82

    Google Scholar 

  3. Archer, A., Tardos, É.: Truthful mechanisms for one‐parameter agents. In: Proc. 42nd Annual Symposium on Foundations of Computer Science (FOCS), 2001, pp. 482–491

    Google Scholar 

  4. Awerbuch, B., Azar, Y., Meyerson, A.: Reducing truth-telling online mechanisms to online optimization. In: Proc. of the 35th ACM Symposium on Theory of Computing (STOC'03), 2003

    Google Scholar 

  5. Babaioff, M., Lavi, R., Pavlov, E.: Single-value combinatorial auctions and implementation in undominated strategies. In: Proc. of the 17th Symposium on Discrete Algorithms (SODA), 2006

    Google Scholar 

  6. Balcan, M., Blum, A., Hartline, J., Mansour, Y.: Mechanism design via machine learning. In: Proc. of the 46th Annual Symposium on Foundations of Computer Science (FOCS'05), 2005

    Google Scholar 

  7. Bartal, Y., Gonen, R., Nisan, N.: Incentive compatible multi-unit combinatorial auctions. In: Proc. of the 9th Conference on Theoretical Aspects of Rationality and Knowledge (TARK'03), 2003

    Google Scholar 

  8. Bikhchandani, S., Chatterjee, S., Lavi, R., Mu'alem, A., Nisan, N., Sen, A.: Weak monotonicity characterizes deterministic dominant‐strategy implementation. Econometrica 74, 1109–1132 (2006)

    Article  MathSciNet  MATH  Google Scholar 

  9. Blum, A., Hartline, J.: Near-optimal online auctions. In: Proc. of the 16th Symposium on Discrete Algorithms (SODA), 2005

    Google Scholar 

  10. Blum, A., Sandholm, T., Zinkevich, M.: Online algorithms for market clearing. J. ACM 53(5), 845–879 (2006)

    Article  MathSciNet  Google Scholar 

  11. Blumrosen, L., Nisan, N.: On the computational power of iterative auctions. In: Proc. of the 7th ACM Conference on Electronic Commerce (EC'05), 2005

    Google Scholar 

  12. Borgs, C., Chayes, J., Immorlica, N., Mahdian, M., Saberi, A.: Multi-unit auctions with budget‐constrained bidders. In: Proc. of the 7th ACM Conference on Electronic Commerce (EC'05), 2005

    Google Scholar 

  13. Christodoulou, G., Koutsoupias, E., Vidali, A.: A lower bound for scheduling mechanisms. In: Proc. 18th Symposium on Discrete Algorithms (SODA), 2007

    Google Scholar 

  14. Cramton, P., Shoham, Y., Steinberg, R.: Combinatorial Auctions. MIT Press (2005)

    Google Scholar 

  15. Dobzinski, S., Nisan, N., Schapira, M.: Truthful randomized mechanisms for combinatorial auctions. In: Proc. of the 38th ACM Symposium on Theory of Computing (STOC'06), 2006

    Google Scholar 

  16. Feige, U.: On maximizing welfare when utility functions are subadditive. In: Proc. of the 38th ACM Symposium on Theory of Computing (STOC'06), 2006

    Google Scholar 

  17. Goldberg, A., Hartline, J., Karlin, A., Saks, M., Wright, A.: Competitive auctions. Games Econ. Behav. 55(2), 242–269 (2006)

    Article  MathSciNet  MATH  Google Scholar 

  18. Gui, H., Muller, R., Vohra, R.V.: Characterizing dominant strategy mechanisms with multi‐dimensional types (2004). Working paper

    Google Scholar 

  19. Hajiaghayi, M., Kleinberg, R., Parkes, D.: Adaptive limited‐supply online auctions. In: Proc. of the 6th ACM Conference on Electronic Commerce (EC'04), 2004

    Google Scholar 

  20. Hartline, J., McGrew, R.: From optimal limited to unlimited supply auctions. In: Proc. of the 7th ACM Conference on Electronic Commerce (EC'05), 2005

    Google Scholar 

  21. Kothari, A., Parkes, D., Suri, S.: Approximately‐strategyproof and tractable multi-unit auctions. Decis. Support Syst. 39, 105–121 (2005)

    Article  Google Scholar 

  22. Kovács, A.: Fast monotone 3‑approximation algorithm for scheduling related machines. In: Proc. 13th Annual European Symposium on Algorithms (ESA), 2005, pp. 616–627

    Google Scholar 

  23. Lavi, R., Mu'alem, A., Nisan, N.: Towards a characterization of truthful combinatorial auctions. In: Proc. of the 44rd Annual Symposium on Foundations of Computer Science (FOCS'03), 2003

    Google Scholar 

  24. Lavi, R., Nisan, N.: Competitive analysis of incentive compatible on-line auctions. Theor. Comput. Sci. 310, 159–180 (2004)

    Article  MathSciNet  MATH  Google Scholar 

  25. Lavi, R., Nisan, N.: Online ascending auctions for gradually expiring items. In: Proc. of the 16th Symposium on Discrete Algorithms (SODA), 2005

    Google Scholar 

  26. Lavi, R., Swamy, C.: Truthful and near-optimal mechanism design via linear programming. In: Proc. 46th Annual Symposium on Foundations of Computer Science (FOCS), 2005, pp. 595–604

    Google Scholar 

  27. Lavi, R., Swamy, C.: Truthful mechanism design for multi‐dimensional scheduling via cycle monotonicity (2007). Working paper

    Google Scholar 

  28. Lehmann, B., Lehmann, D., Nisan, N.: Combinatorial auctions with decreasing marginal utilities. Games Econom. Behav. 55(2), 270–296 (2006)

    Article  MathSciNet  MATH  Google Scholar 

  29. Lehmann, D., O'Callaghan, L., Shoham, Y.: Truth revelation in approximately efficient combinatorial auctions. J. ACM 49(5), 577–602 (2002)

    Article  MathSciNet  Google Scholar 

  30. Mu'alem, A., Schapira, M.: Setting lower bounds on truthfulness. In: Proc. 18th Symposium on Discrete Algorithms (SODA), 2007

    Google Scholar 

  31. Nisan, N., Ronen, A.: Computationally feasible vcg mechanisms. In: Proc. of the 2nd ACM Conference on Electronic Commerce (EC'00), 2000

    Google Scholar 

  32. Nisan, N., Ronen, A.: Algorithmic mechanism design. Games Econom. Behav. 35, 166–196 (2001)

    Article  MathSciNet  MATH  Google Scholar 

  33. Nisan, N., Roughgarden, T., Tardos, E., Vazirani, V.: Algorithmic Game Theory. Cambridge University Press (2007). (expected to appear)

    Google Scholar 

  34. Roberts, K.: The characterization of implementable choice rules. In: Laffont, J.J. (ed.) Aggregation and Revelation of Preferences, pp. 321–349. North-Holland (1979)

    Google Scholar 

  35. Saks, M., Yu, L.: Weak monotonicity suffices for truthfulness on convex domains. In: Proc. 6th ACM Conference on Electronic Commerce (ACM-EC), 2005, pp. 286–293

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2008 Springer-Verlag

About this entry

Cite this entry

Lavi, R. (2008). Algorithmic Mechanism Design. In: Kao, MY. (eds) Encyclopedia of Algorithms. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-30162-4_9

Download citation

Publish with us

Policies and ethics