2022
DOI: 10.48550/arxiv.2202.10382
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Delegated Pandora's box

Abstract: In delegation problems, a principal does not have the resources necessary to complete a particular task, so they delegate the task to an untrusted agent whose interests may differ from their own. Given any family of such problems and space of mechanisms for the principal to choose from, the delegation gap is the worst-case ratio of the principal's optimal utility when they delegate versus their optimal utility when solving the problem on their own. In this work, we consider the delegation gap of the generalize… Show more

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