Abstract
Roberts' theorem from 1979 states that the only incentive compatible mechanisms over a full domain and range of at least 3 are weighted variants of the VCG mechanism termed affine maximizers. Roberts' proof is somewhat "magical" and we provide a new "modular" proof. We hope that this proof will help in future efforts to extend the theorem to non-full domains such as combinatorial auctions or scheduling.
Original language | English |
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Title of host publication | Algorithmic Game Theory - Second International Symposium, SAGT 2009, Proceedings |
Pages | 14-23 |
Number of pages | 10 |
DOIs | |
State | Published - 2009 |
Event | 2nd International Symposium on Algorithmic Game Theory, SAGT 2009 - Paphos, Cyprus Duration: 18 Oct 2009 → 20 Oct 2009 |
Publication series
Name | Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) |
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Volume | 5814 LNCS |
ISSN (Print) | 0302-9743 |
ISSN (Electronic) | 1611-3349 |
Conference
Conference | 2nd International Symposium on Algorithmic Game Theory, SAGT 2009 |
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Country/Territory | Cyprus |
City | Paphos |
Period | 18/10/09 → 20/10/09 |
Bibliographical note
Funding Information:Supported by the Adams Fellowship Program of the Israel Academy of Sciences and Humanities, and by a grant from the Israel Academy of Sciences.