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authorStratis Ioannidis <stratis@stratis-Latitude-E6320.(none)>2013-07-08 14:02:27 -0700
committerStratis Ioannidis <stratis@stratis-Latitude-E6320.(none)>2013-07-08 14:02:27 -0700
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@@ -38,7 +38,8 @@ subject to a budget constraint $\sum_{i\in S}c_i\leq B$, where $B$ is \E's budge
\smallskip
The objective function, which is the key, is formally obtained by optimizing the information gain in $\beta$ when the latter is learned through ridge regression, and is related to the so-called $D$-optimality criterion~\cite{pukelsheim2006optimal,atkinson2007optimum}.
\item
-We present a polynomial time mechanism scheme for \SEDP{} that is approximately truthful and yields a constant factor approximation to the optimal value of \eqref{obj}. In particular, for any small $\delta>0$ and $\varepsilon>0$, we can construct a $(12.98\,,\varepsilon)$-approximate mechanism that is $\delta$-truthful and runs in polynomial time in both $n$ and $\log\log\frac{B}{\epsilon\delta}$. In contrast to this, we show that no truthful, budget-feasible mechanisms are possible for \SEDP{} within a factor 2 approximation.
+We present a polynomial time mechanism scheme for \SEDP{} that is approximately truthful and yields a constant factor ($\approx 12.98$) approximation to the optimal value of \eqref{obj}. %In particular, for any small $\delta>0$ and $\varepsilon>0$, we can construct a $(12.98\,,\varepsilon)$-approximate mechanism that is $\delta$-truthful and runs in polynomial time in both $n$ and $\log\log\frac{B}{\epsilon\delta}$.
+In contrast to this, we show that no truthful, budget-feasible mechanisms are possible for \SEDP{} within a factor 2 approximation.
\smallskip
We note that the objective \eqref{obj} is submodular. Using this fact, applying previous results on budget feasible mechanism design under general submodular objectives~\cite{singer-mechanisms,chen} would yield either a deterministic, truthful, constant-approximation mechanism that requires exponential time, or a non-deterministic, (universally) truthful, poly-time mechanism that yields a constant approximation ratio only \emph{in expectation} (\emph{i.e.}, its approximation guarantee for a given instance may in fact be unbounded).