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A Lower Bound of 1 + φ for Truthful Scheduling Mechanisms

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Mathematical Foundations of Computer Science 2007 (MFCS 2007)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 4708))

Abstract

We give an improved lower bound for the approximation ratio of truthful mechanisms for the unrelated machines scheduling problem. The mechanism design version of the problem which was proposed and studied in a seminal paper of Nisan and Ronen is at the core of the emerging area of Algorithmic Game Theory. The new lower bound 1 + φ ≈ 2.618 is a step towards the final resolution of this important problem.

Supported in part by IST-15964 (AEOLUS) and the Greek GSRT.

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Luděk Kučera Antonín Kučera

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Koutsoupias, E., Vidali, A. (2007). A Lower Bound of 1 + φ for Truthful Scheduling Mechanisms. In: Kučera, L., Kučera, A. (eds) Mathematical Foundations of Computer Science 2007. MFCS 2007. Lecture Notes in Computer Science, vol 4708. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-74456-6_41

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  • DOI: https://doi.org/10.1007/978-3-540-74456-6_41

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-74455-9

  • Online ISBN: 978-3-540-74456-6

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