Towards a characterization of truthful combinatorial auctions
Towards a characterization of truthful combinatorial auctions
复制标题
真实组合拍卖的表征
DOI:
10.1109/sfcs.2003.1238230
复制
发表时间:
2003
期刊:
影响因子:
--
通讯作者:
N. Nisan
中科院分区:
文献类型:
--
作者:
R. Lavi;Ahuva Mu'alem;N. Nisan
This paper analyzes incentive compatible (truthful) mechanisms over restricted domains of preferences, the leading example being combinatorial auctions. Our work generalizes the characterization of Roberts (1979) who showed that truthful mechanisms over unrestricted domains with at least 3 possible outcomes must be "affine maximizers". We show that truthful mechanisms for combinatorial auctions (and related restricted domains) must be "almost affine maximizers" if they also satisfy an additional requirement of "independence of irrelevant alternatives". This requirement is without loss of generality for unrestricted domains as well as for auctions between two players where all goods must be allocated. This implies unconditional results for these cases, including a new proof of Roberts' theorem. The computational implications of this characterization are severe, as reasonable "almost affine maximizers" are shown to be as computationally hard as exact optimization. This implies the near-helplessness of such truthful polynomial-time auctions in all cases where exact optimization is computationally intractable.