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| author | Thibaut Horel <thibaut.horel@gmail.com> | 2021-03-17 17:01:17 -0400 |
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| committer | Thibaut Horel <thibaut.horel@gmail.com> | 2021-03-17 17:01:17 -0400 |
| commit | 4de5e8748f82759565c71c6831c7ed123a028553 (patch) | |
| tree | 695495474661b17d77753fb698ec5601afa39250 /ijcai-2021-3017.txt | |
| parent | 5dd3081df869759d077c7efee92b86388683fa69 (diff) | |
| download | reviews-4de5e8748f82759565c71c6831c7ed123a028553.tar.gz | |
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diff --git a/ijcai-2021-3017.txt b/ijcai-2021-3017.txt new file mode 100644 index 0000000..b869aba --- /dev/null +++ b/ijcai-2021-3017.txt @@ -0,0 +1,62 @@ +This paper introduces a general framework to find a truthful, (approximately) +revenue-maximizing combinatorial auction mechanism inside a given class of +mechanisms. A typical situation where this is useful is when considering +a parametrized class of mechanisms for which the optimal value of the parameter +depends on the (unknown) distribution of bidders and thus needs to be learned. + +The framework is based on the general idea of random sampling, where we learn +the optimal mechanism on a portion of the population but apply it to another +portion. The main idea of the framework—which can be thought of as a way to +make it more robust to variability in the bidders' population—is to first draw +a set of participatory bidders and then learn on the complement set of bidders +by repeatedly drawing samples of bidders from the complement set and finding +a mechanism which maximizes revenue *on average* over the samples. The +mechanism thus identified is then applied to the set of participatory bidders. + +In addition to the introduction of this general framework, the main +contribution of the papers are: + +1. a general bound on the revenue of the mechanisms output by this method, + which depends on various parameters quantifying the complexity of the + auction class and the variability in the population of bidders. + +2. a specific instantiation of the framework to a new class of auctions + introduced by the authors, bundling-boosted auctions, for which it is + possible to quantify more finely the various parameters described in item 1. + +3. an algorithm to efficiently find the mechanism maximizing expected revenue + (as required by the framework) for sparse bundling-boosted auctions. + +Detailed comments +================= + +The problem considered in this paper is important and the paper brings a nice +unifying perspective to it by the introduction of a general framework and +analysis of its performance through learning-theoretic complexity measures. +Furthermore, the paper is very clear and nicely written (despite the sadly +restrictive 7 page limit…). + +* an important feature of the framework, is that it completely gives up on + extracting any revenue from non-participatory bidders. While I understand + that this might be a necessary feature given the generality of the scheme, + some prior work partially avoid this loss, albeit in much more restrictive + settings. Maybe more could be said as a motivation about the trade-off + between generality of the scheme and how much revenue we can hope to extract. + +* relatedly, I was a bit surprised to see that the bounds on the revenue of the + scheme were expressed with respect to the efficient allocation on the entire + population. Why use this as a benchmark, as opposed to, for example, the + optimal revenue that could be obtained on the entire population? This might + be standard in this line of work but adding a sentence of two about this + choice might be helpful. + +* a drawback of the scheme, which again might be due to its generality is that + its guarantees depend of parameters which might be hard to compute or even + bound in practice. Although the authors try to explicitate them for specific + auction classes, they still remain somewhat opaque. This is particularly true + of the partition discrepancy quantity. + +* the scheme is reminiscent of the bootstrap method in statistics where + multiple samples are drawn with replacement from the same initial sample to + account for variability in the population. Maybe this could be mentioned + somewhere to connect the paper to the broader statistics/learning literature. |
