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Budget feasible mechanism design was originally proposed by Singer \cite{singer-mechanisms}. Singer considers the problem of maximizing an arbitrary submodular function subject to a budget constraint in the \emph{value query} model, \emph{i.e.} assuming an oracle providing the value of the submodular objective on any given set.
Singer shows that there exists a randomized, 112-approximation mechanism for submodular maximization that is \emph{universally truthful} (\emph{i.e.}, it is a randomized mechanism sampled from a distribution over truthful mechanisms). Chen \emph{et al.}~\cite{chen} improve this result by providing a 7.91-approximate mechanism, and show a corresponding lower bound of $2$ among universally truthful mechanisms for submodular maximization.
+\sloppy
In contrast to the above results, no truthful, constant approximation mechanism that runs in polynomial time is presently known for submodular maximization. However, assuming access to an oracle providing the optimum in the full-information setup, Chen \emph{et al.},~provide a truthful, $8.34$-approximate mechanism; in cases for which the full information problem is NP-hard, as the one we consider here, this mechanism is not poly-time, unless P=NP. Chen \emph{et al.}~also prove a $1+\sqrt{2}$ lower bound for truthful mechanisms, improving upon an earlier bound of 2 by Singer \cite{singer-mechanisms}.
+\fussy
Improved bounds, as well as deterministic polynomial mechanisms, are known for specific submodular objectives. For symmetric submodular functions, a truthful mechanism with approximation ratio 2 is known, and this ratio is tight \cite{singer-mechanisms}. Singer also provides a 7.32-approximate truthful mechanism for the budget feasible version of \textsc{Matching}, and a corresponding lower bound of 2 \cite{singer-mechanisms}. Improving an earlier result by Singer, Chen \emph{et al.}~\cite{chen}, give a truthful, $2+\sqrt{2}$-approximate mechanism for \textsc{Knapsack}, and a lower bound of $1+\sqrt{2}$. Finally, a truthful, 31-approximate mechanism is also known for the budgeted version of \textsc{Coverage} \cite{singer-mechanisms,singer-influence}.
Beyond submodular objectives, it is known that no truthful mechanism with approximation ratio smaller than $n^{1/2-\epsilon}$ exists for maximizing fractionally subadditive functions (a class that includes submodular functions) assuming access to a value query oracle~\cite{singer-mechanisms}. Assuming access to a stronger oracle (the \emph{demand} oracle), there exists
@@ -13,14 +15,16 @@ a truthful, $O(\log^3 n)$-approximate mechanism
\cite{dobz2011-mechanisms} as well as a universally truthful, $O(\frac{\log n}{\log \log n})$-approximate mechanism for subadditive maximization
\cite{bei2012budget}. Moreover, in a Bayesian setup, assuming a prior distribution among the agent's costs, there exists a truthful mechanism with a 768/512-approximation ratio \cite{bei2012budget}. %(in terms of expectations)
- A series of recent papers \cite{mcsherrytalwar,approximatemechanismdesign,xiao:privacy-truthfulness,chen:privacy-truthfulness} consider the related problem of retreiving data from an \textit{unverified} database: the auctioneer cannot verify the data reported by individuals and therefore must incentivize them to report this truthfully.
-McSherry and Talwar \cite{mcsherrytalwar} argue that \emph{differentially private} mechanisms offer a form of \emph{approximate truthfulness}: if users have a utility that depends on their privacy, reporting their data untruthfully can only increase their utility by a small amount. Xiao \cite{xiao:privacy-truthfulness}, improving upon earlier work by Nissim \emph{et al.}~\cite{approximatemechanismdesign} construct mechanisms that
+ A series of recent papers \cite{mcsherrytalwar,approximatemechanismdesign,xiao:privacy-truthfulness,chen:privacy-truthfulness} consider the related problem of retrieving data from an \textit{unverified} database: the auctioneer cannot verify the data reported by individuals and therefore must incentivize them to report this truthfully.
+McSherry and Talwar \cite{mcsherrytalwar} argue that \emph{differentially private} mechanisms offer a form of \emph{approximate truthfulness}: if users have a utility that depends on their privacy, reporting their data untruthfully can only increase their utility by a small amount. Xiao \cite{xiao:privacy-truthfulness}, improving upon earlier work by Nissim \emph{et al.}~\cite{approximatemechanismdesign}, constructs mechanisms that
simultaneously achieve exact truthfulness as well as differential privacy. Eliciting private data through a \emph{survey} \cite{roth-liggett}, whereby individuals first decide whether to participate in the survey and then report their data,
- also fall under the unverified database setting \cite{xiao:privacy-truthfulness}. In the \emph{verified} database setting, Ghosh and Roth~\cite{ghosh-roth:privacy-auction} and Dandekar \emph{et al.}~\cite{pranav} consider budgeted auctions where users have a utility again captured by differential privacy. Our work departs from the above setups in that utilities do not involve privacy, whose effects are assumed to be internalized in the costs reported by the users; crucially, we also assume that experiments are tamper-proof, and individuals can misreport their costs but not their values.
+ also falls under the unverified database setting \cite{xiao:privacy-truthfulness}. In the \emph{verified} database setting, Ghosh and Roth~\cite{ghosh-roth:privacy-auction} and Dandekar \emph{et al.}~\cite{pranav} consider budgeted auctions where users have a utility again captured by differential privacy. Our work departs from the above setups in that utilities do not involve privacy, whose effects are assumed to be internalized in the costs reported by the users; crucially, we also assume that experiments are tamper-proof, and individuals can misreport their costs but not their values.
-Our work is closest to the survey setup of Roth and Schoenebeck~\cite{roth-schoenebeck}, who also consider how to sample individuals with different features who reported a hidden value at a certain cost. The authors assume a prior on the joint distribution between costs and features, and wish to obtain an unbiased estimate of the expectation of the hidden value under the constraints of truthfulness, budget feasibility and individual rationality. Our work departs by learning a more general statistic (a linear model) than data means. We note that, as in \cite{roth-schoenebeck}, costs and features can be arbitrarily corellated (our results are prior-free).
+\sloppy
+Our work is closest to the survey setup of Roth and Schoenebeck~\cite{roth-schoenebeck}, who also consider how to sample individuals with different features who reported a hidden value at a certain cost. The authors assume a prior on the joint distribution between costs and features, and wish to obtain an unbiased estimate of the expectation of the hidden value under the constraints of truthfulness, budget feasibility and individual rationality. Our work departs by learning a more general statistic (a linear model) than data means. We note that, as in \cite{roth-schoenebeck}, costs and features can be arbitrarily correlated (our results are prior-free).
+\fussy
%\stratis{TODO: privacy discussion. Logdet objective. Should be one paragraph each.}
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