The Complexity of Black-Box Mechanism Design with Priors

• Published in: arXiv.org
• Main Authors: Gergatsouli, Evangelia, Lucier, Brendan, Tzamos, Christos
• Format: Paper
• Language: English
• Published: Ithaca Cornell University Library, arXiv.org 26.06.2019
• Subjects: Algorithms; Allocations; Bayesian analysis; Complexity; Computer simulation; Economic models; Maximization; Optimization; Polynomials; Queries

We study black-box reductions from mechanism design to algorithm design for welfare maximization in settings of incomplete information. Given oracle access to an algorithm for an underlying optimization problem, the goal is to simulate an incentive compatible mechanism. The mechanism will be evaluat...