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authorStratis Ioannidis <stratis@stratis-Latitude-E6320.(none)>2012-10-31 11:19:12 -0700
committerStratis Ioannidis <stratis@stratis-Latitude-E6320.(none)>2012-10-31 11:19:12 -0700
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lower bound
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\subsection{D-Optimality Criterion}
+Ideally, motivated by the $D$-optimality criterion, we would like to design a mechanism that maximizes \eqref{dcrit} within a good approximation ratio. As \eqref{dcrit} may take arbitrarily small negative values, to define a meaningful approximation we consider with the (equivalent) maximization of $V(S) = f(\det\T{X_S}X_S )$, for some increasing, on-to function $f:\reals_+\to\reals_+$. However, the following lower bound implies that such an optimization goal cannot be attained under the costraints of truthfulness, budget feasibility, and individional rationallity.
+
\begin{lemma}
-For any $M>0$, there is no truthful, budget feasible, individionally rational mechanism for optimal mechanism design with value fuction $V(S) = \det{\T{X_S}X_S}$.
+For any $M>1$, there is no truthful, budget feasible, individionally rational mechanism for optimal mechanism design with value fuction $V(S) = \det{\T{X_S}X_S}$.
\end{lemma}
\begin{proof}
\input{proof_of_lower_bound1}