Optimal Common Contract with Heterogeneous Agents
Optimal Common Contract with Heterogeneous Agents
复制标题
异构代理的最优公共合约
DOI:
10.1609/aaai.v34i05.6224
复制
发表时间:
2019
期刊:
影响因子:
--
通讯作者:
Xiwang Yang
中科院分区:
文献类型:
--
作者:
Shenke Xiao;Zihe Wang;Mengjing Chen;Pingzhong Tang;Xiwang Yang
We consider the principal-agent problem with heterogeneous agents. Previous works assume that the principal signs independent incentive contracts with every agent to make them invest more efforts on the tasks. However, in many circumstances, these contracts need to be identical for the sake of fairness. We investigate the optimal common contract problem. To our knowledge, this is the first attempt to consider this natural and important generalization. We first show this problem is NP-complete. Then we provide a dynamic programming algorithm to compute the optimal contract in $O(n^2m)$ time, where $n,m$ are the number of agents and actions, under the assumption that the agents' cost functions obey increasing difference property. At last, we generalize the setting such that each agent can choose to directly produce a reward in $[0,1]$. We provide an $O(\log n)$-approximate algorithm for this generalization.
DOI:
10.1145/3219166.3219205
发表时间:
2018
期刊:
Proceedings of the 2018 ACM Conference on Economics and Computation
影响因子:
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作者:
Kleinberg, Jon;Kleinberg, Robert
通讯作者:
Kleinberg, Robert
DOI:
--
发表时间:
2020
期刊:
AAAI
影响因子:
--
作者:
Alon, T.;Dobson, M.;Procaccia, A.;Talgam-Cohen, I;Tucker-Foltz, J.
通讯作者:
Tucker-Foltz, J.