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False-name-proof combinatorial auction design via single-minded decomposition

False-name-proof combinatorial auction design via single-minded decomposition
False-name-proof combinatorial auction design via single-minded decomposition
This paper proposes a new approach to building false-name-proof (FNP) combinatorial auctions from those that are FNP only with single-minded bidders, each of whom requires only one particular bundle. Under this approach, a general bidder is decomposed into a set of single-minded bidders, and after the decomposition the price and the allocation are determined by the FNP auctions for single-minded bidders. We first show that the auctions we get with the single-minded decomposition are FNP if those for single-minded bidders satisfy a condition called PIA. We then show that another condition, weaker than PIA, is necessary for the decomposition to build FNP auctions. To close the gap between the two conditions, we have found another sufficient condition weaker than PIA for the decomposition to produce strategy-proof mechanisms. Furthermore, we demonstrate that once we have PIA, the mechanisms created by the decomposition actually satisfy a stronger version of false-name-proofness, called false-name-proofness with withdrawal.
Zhao, Dengji
731b17f8-df94-49cb-b45d-8edf05c59edf
Luo, Siqi
1147c4e2-dfd7-4349-933e-c17019fdb76c
Todo, Taiki
5acf2653-61bc-4f6f-9c48-4696ad2d0481
Yokoo, Makoto
19d08afb-96e1-435a-8d8c-c81077c95847
Zhao, Dengji
731b17f8-df94-49cb-b45d-8edf05c59edf
Luo, Siqi
1147c4e2-dfd7-4349-933e-c17019fdb76c
Todo, Taiki
5acf2653-61bc-4f6f-9c48-4696ad2d0481
Yokoo, Makoto
19d08afb-96e1-435a-8d8c-c81077c95847

Zhao, Dengji, Luo, Siqi, Todo, Taiki and Yokoo, Makoto (2014) False-name-proof combinatorial auction design via single-minded decomposition. 21st European Conference on Artificial Intelligence (ECAI 2014), Prague, Czech Republic. 18 - 22 Aug 2014. 6 pp . (doi:10.3233/978-1-61499-419-0-945).

Record type: Conference or Workshop Item (Paper)

Abstract

This paper proposes a new approach to building false-name-proof (FNP) combinatorial auctions from those that are FNP only with single-minded bidders, each of whom requires only one particular bundle. Under this approach, a general bidder is decomposed into a set of single-minded bidders, and after the decomposition the price and the allocation are determined by the FNP auctions for single-minded bidders. We first show that the auctions we get with the single-minded decomposition are FNP if those for single-minded bidders satisfy a condition called PIA. We then show that another condition, weaker than PIA, is necessary for the decomposition to build FNP auctions. To close the gap between the two conditions, we have found another sufficient condition weaker than PIA for the decomposition to produce strategy-proof mechanisms. Furthermore, we demonstrate that once we have PIA, the mechanisms created by the decomposition actually satisfy a stronger version of false-name-proofness, called false-name-proofness with withdrawal.

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More information

Published date: August 2014
Venue - Dates: 21st European Conference on Artificial Intelligence (ECAI 2014), Prague, Czech Republic, 2014-08-18 - 2014-08-22
Related URLs:
Organisations: Agents, Interactions & Complexity

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Local EPrints ID: 388818
URI: http://eprints.soton.ac.uk/id/eprint/388818
PURE UUID: 5b39d6f8-a1c1-432e-aa22-00f0b2007a3f

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Date deposited: 04 Mar 2016 16:41
Last modified: 14 Mar 2024 23:02

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Contributors

Author: Dengji Zhao
Author: Siqi Luo
Author: Taiki Todo
Author: Makoto Yokoo

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