diff options
Diffstat (limited to 'ijcai-2021-1821.txt')
| -rw-r--r-- | ijcai-2021-1821.txt | 57 |
1 files changed, 57 insertions, 0 deletions
diff --git a/ijcai-2021-1821.txt b/ijcai-2021-1821.txt new file mode 100644 index 0000000..e942f3a --- /dev/null +++ b/ijcai-2021-1821.txt @@ -0,0 +1,57 @@ +This paper considers the problem of designing an efficient (welfare optimal) +combinatorial auction in the value query model. Specifically, there are +n bidders and m items, each bidder has preferences over bundles (sets) of +items, and the goal is to allocate the items to the bidders in a way which +(approximately) maximizes social welfare and design payments which incentivize +truthful report of preferences. + +Starting from the iterative MLCA mechanism of Brero et al. (2021) (in which +bidders' value functions are approximated by a neural network trained on their +answers to previous queries), the mechanism designed in the present paper goes +one step further by making use of Fourier Analysis for set functions. +Specifically, motivated by the fact the bidders' valuation are likely to be +approximately sparse in the Fourier domain (for a well-chosen transform), the +mechanism finds a Fourier-sparse approximation of the neural networks +approximating the bidder's preferences. This then requires computing the +efficient allocation for these Fourier-sparse approximations, for which the +authors develop an MIP-based algorithm. + +On the empirical side, the authors use the STATS test suite of Weiss et al +(2017) to generate synthetic instances of combinatorial auctions. After +evaluating the extent to which bidders' valuation are Fourier-sparse, they show +that their proposed mechanism compares favorably to MLCA. + +Detailed comments +================= + +The paper considers an important and difficult problem and brings a fresh and +interesting perspective by applying ideas from Fourier analysis for set +functions. The paper was clear and well-written. + +My main issue with the proposed method is a conceptual one: while I believe +that in many situations, it is reasonable to assume that bidders' valuations +are Fourier-sparse, I find that the Hybrid approach somewhat undermines this +assumption by having two competing types of approximations for bidders' +valuations: one based on Neural Networks and one based on Fourier-sparse +functions. + +While I understand that a purely Fourier-based approximation would be +prohibitively expensive in terms of number of queries made to the bidders, the +interaction between the Neural Network approximation and the Fourier-sparse one +is hard to reason about: for example, it could be that even if the true value +functions are approximately Fourier-sparse, the Neural network approximation +which is performed first obfuscates this fact to some extent and makes it +harder for the Fourier reconstruction to work. + +Overall, I would say that this hybrid approximation is not very well motivated +from a conceptual perspective, and is only justified by the fact that it yields +some improvement (although arguably fairly minor ones) when evaluated +experimentally. However it seems much harder to analyze theoretically (although +this was not a goal of the present paper) and comes at a cost in terms of +implementation. In particular, there are now more hyperparameters to tune, +mainly the splits l_1, to l_4 for the number of queries. + +In conclusion, while I believe in using more ideas from Fourier analysis in the +design of combinatorial auctions, I am not convinced that the cost of this +specific Hybrid instantiation both from a conceptual and implementation +perspective is justified by the minor improvements observed experimentally. |
