DocumentCode :
3164062
Title :
Minimally invasive mechanism design: Distributed covering with carefully chosen advice
Author :
Balcan, M. ; Krehbiel, S. ; Piliouras, G. ; Jinwoo Shin
Author_Institution :
Sch. of Comput. Sci., Georgia Inst. of Technol., Atlanta, GA, USA
fYear :
2012
fDate :
10-13 Dec. 2012
Firstpage :
2690
Lastpage :
2695
Abstract :
Mechanism design for distributed systems is fundamentally concerned with aligning individual incentives with social welfare to avoid socially inefficient outcomes that can arise from agents acting autonomously. One simple and natural approach is to centrally broadcast non-binding advice intended to guide the system to a socially near-optimal state while still harnessing the incentives of individual agents. The analytical challenge is proving fast convergence to near optimal states, and in this paper we give the first results showing that carefully constructed advice vectors could yield stronger guarantees. We apply this approach to a broad family of potential games modeling vertex cover and set cover optimization problems in a distributed setting. This class of problems is interesting because finding exact solutions to their optimization problems is NP-hard yet highly inefficient equilibria exist, so a solution in which agents simply locally optimize is not satisfactory. We show that with an arbitrary advice vector, a set cover game quickly converges to an equilibrium with cost of the same order as the square of the social cost of the advice vector. More interestingly, we show how to efficiently construct an advice vector with a particular structure with cost O(log n) times the optimal social cost, and we prove that the system quickly converges to an equilibrium with social cost of this same order.
Keywords :
distributed algorithms; multi-agent systems; NP-hard problem; advice vector; distributed covering; distributed setting; distributed systems; individual agents; mechanism design; minimally invasive mechanism design; optimization problems; set cover optimization problems; social cost; social welfare; vertex cover; Advertising; Convergence; Games; Joints; Nash equilibrium; Optimized production technology;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Decision and Control (CDC), 2012 IEEE 51st Annual Conference on
Conference_Location :
Maui, HI
ISSN :
0743-1546
Print_ISBN :
978-1-4673-2065-8
Electronic_ISBN :
0743-1546
Type :
conf
DOI :
10.1109/CDC.2012.6426061
Filename :
6426061
Link To Document :
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