Computational Hardness of the Hylland-Zeckhauser Scheme
Computational Hardness of the Hylland-Zeckhauser Scheme
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DOI:
10.1137/1.9781611977073.90
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发表时间:
2021-07
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影响因子:
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通讯作者:
Thomas Chen;Xi Chen;Binghui Peng;M. Yannakakis
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文献类型:
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作者:
Thomas Chen;Xi Chen;Binghui Peng;M. Yannakakis
We study the complexity of the classic Hylland-Zeckhauser scheme [HZ'79] for one-sided matching markets. We show that the problem of finding an $\epsilon$-approximate equilibrium in the HZ scheme is PPAD-hard, and this holds even when $\epsilon$ is polynomially small and when each agent has no more than four distinct utility values. Our hardness result, when combined with the PPAD membership result of [VY'21], resolves the approximation complexity of the HZ scheme. We also show that the problem of approximating the optimal social welfare (the weight of the matching) achievable by HZ equilibria within a certain constant factor is NP-hard.