Proceedings of the Twenty-Fourth Annual ACM-SIAM Symposium on Discrete Algorithms 2013
DOI: 10.1137/1.9781611973105.87
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Communication Complexity of Combinatorial Auctions with Submodular Valuations

Abstract: We prove the first communication complexity lower bound for constant-factor approximation of the submodular welfare problem. More precisely, we show that a (1− 1 2e + )-approximation ( 0.816) for welfare maximization in combinatorial auctions with submodular valuations would require exponential communication. We also show NP-hardness of (1− 1 2e + )-approximation in a computational model where each valuation is given explicitly by a table of constant size. Both results rule out better than (1 − 1 2e )-approxim… Show more

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Cited by 24 publications
(17 citation statements)
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References 27 publications
(65 reference statements)
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“…This is consistent with our exponential lower bound, as it is well known that finding the leximin solution can require exponential time for general valuations (e.g. [15]). …”
Section: Positive Efx Resultssupporting
confidence: 91%
“…This is consistent with our exponential lower bound, as it is well known that finding the leximin solution can require exponential time for general valuations (e.g. [15]). …”
Section: Positive Efx Resultssupporting
confidence: 91%
“…It is known that obtaining a better than (1 − 1/2e)-approximation to social welfare in submodular combinatorial auctions requires exponential communication [12] (regardless of the number of rounds of interaction). However, no better lower bounds are known for bounded-round protocols (even for simultaneous ones).…”
Section: Resultsmentioning
confidence: 99%
“…A particular case of this problem that has received significant attention is when the valuation functions of all the bidders are submodular 1 (see, e.g. [9][10][11][15][16][17][18]25,31,33] and references therein). There is no poly-time algorithm for finding the optimal allocation of submodular bidders [18,25,34] and thus VCG mechanism is not computationally-efficient here.…”
Section: Introductionmentioning
confidence: 99%
“…[9][10][11][15][16][17][18]25,31,33] and references therein). There is no poly-time algorithm for finding the optimal allocation of submodular bidders [18,25,34] and thus VCG mechanism is not computationally-efficient here. On the other hand, by using only value queries, a simple greedy algorithm can achieve a 2-approximation [33] and this can be further improved to ( e e−1 )-approximation [41], and even slightly better [24] by using demand queries.…”
Section: Introductionmentioning
confidence: 99%