no code implementations • 21 Jan 2024 • Moshe Babaioff, Amitai Frey, Noam Nisan
We study the problem of designing a two-sided market (double auction) to maximize the gains from trade (social welfare) under the constraints of (dominant-strategy) incentive compatibility and budget-balance.
no code implementations • 16 May 2022 • Moshe Babaioff, Uriel Feige
For additive valuations we present shares that are feasible, self-maximizing and polynomial-time computable.
no code implementations • 26 Jul 2021 • Moshe Babaioff, Ruty Mundel, Noam Nisan
We observe that this social inefficiency may be unbounded, and study whether alternative tax structures may lead to milder losses in the worst case, i. e. to a lower price of anarchy.
no code implementations • 13 Jul 2021 • Moshe Babaioff, Nicole Immorlica, Yingkai Li, Brendan Lucier
We show that when using balanced prices, both these approaches ensure high equilibrium welfare in the combined market.
no code implementations • 9 Feb 2021 • Moshe Babaioff, Tomer Ezra, Uriel Feige
The up to one item paradigm fails to give such a guarantee, and it is not difficult to present examples in which previous BoBW mechanisms give agents only a $\frac{1}{n}$ fraction of their MMS.
Fairness Computer Science and Game Theory
no code implementations • NeurIPS 2017 • Noga Alon, Moshe Babaioff, Yannai A. Gonczarowski, Yishay Mansour, Shay Moran, Amir Yehudayoff
In this work we derive a variant of the classic Glivenko-Cantelli Theorem, which asserts uniform convergence of the empirical Cumulative Distribution Function (CDF) to the CDF of the underlying distribution.
1 code implementation • 25 Apr 2013 • Moshe Babaioff, Brendan Lucier, Noam Nisan
We study scenarios where multiple sellers of a homogeneous good compete on prices, where each seller can only sell to some subset of the buyers.
Computer Science and Game Theory J.4; F.2.2
no code implementations • 10 Nov 2011 • Moshe Babaioff, Shahar Dobzinski, Sigal Oren, Aviv Zohar
Our solution is to augment the protocol with a scheme that rewards information propagation.
Computer Science and Game Theory
no code implementations • 20 Aug 2011 • Moshe Babaioff, Shaddin Dughmi, Robert Kleinberg, Aleksandrs Slivkins
The performance guarantee for the same mechanism can be improved to $O(\sqrt{k} \log n)$, with a distribution-dependent constant, if $k/n$ is sufficiently small.
no code implementations • 12 Dec 2008 • Moshe Babaioff, Yogeshwer Sharma, Aleksandrs Slivkins
We investigate how the design of multi-armed bandit algorithms is affected by the restriction that the resulting mechanism must be truthful.