Mechanisms with Monitoring for Truthful RAM Allocation
Novel algorithmic ideas for big data have not been accompanied by advances in the way central memory is allocated to concurrently running programs. Commonly, RAM is poorly managed since the programs’ trade offs between speed of execution and RAM consumption are ignored. This trade off is, however, well known to the programmers. We adopt mechanism design tools to truthfully elicit this (multidimensional) information with the aim of designing more clever RAM allocation algorithms. We introduce a novel paradigm wherein programs are bound to overbidding declarations of their running times. We show the limitations of this paradigm in the absence of transfers and prove how to leverage waiting times, as a currency, to obtain optimal money burning mechanisms for the makespan.
- 1.Auletta, V., De Prisco, R., Penna, P., Persiano, G.: How to route and tax selfish unsplittable traffic. In: SPAA, pp. 196–205 (2004)Google Scholar
- 8.Fotakis, D., Krysta, P., Ventre, C.: Combinatorial auctions without money. In: AAMAS, pp. 1029–1036 (2014)Google Scholar
- 9.Fotakis, D., Krysta, P., Ventre, C.: The power of verification for greedy mechanism design. In: AAMAS, pp. 307–315 (2015)Google Scholar
- 10.Hartline, J.D., Roughgarden,T.: Optimal mechanism design and money burning. In: STOC, pp. 75–84 (2008)Google Scholar
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 2.5 International License (http://creativecommons.org/licenses/by-nc/2.5/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
The images or other third party material in this chapter are included in the chapter's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the chapter's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.