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Nonbossy Mechanisms: Mechanism Design Robust to Secondary Goals

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arxiv 2307.11967 v2 pith:YPLPLS3B submitted 2023-07-22 cs.GT

classification cs.GT
keywords mechanismnonbossyagentsincentivemechanismsprimarycompatibledesign
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We study mechanism design when agents may have hidden secondary goals which will play a role when the primary utility of the outcomes is the same. We show that in such cases, a mechanism is immune to strategic manipulation if and only if it is incentive compatible with regard to primary utility -- a property we term "primary incentive compatibility" -- and nonbossy -- a well-studied property in the context of matching and allocation mechanisms. We give complete characterizations of primarily incentive-compatible and nonbossy mechanisms in various settings, including auctions with single-parameter agents and public decision settings where all agents share a common outcome. In particular, we show that in the single-item setting, a mechanism is primarily incentive compatible, individually rational, and nonbossy if and only if it is a sequential posted-price mechanism.

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  1. Procurement Auctions via Approximately Optimal Submodular Optimization

    cs.GT 2024-11 conditional novelty 7.0 of 10

    The paper gives a framework that turns submodular optimization algorithms into incentive-compatible procurement auctions, plus new analysis of distorted greedy and descending auctions.

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