Abstract
Nash equilibria and dominant strategies are two of the major approaches to deal with selfishness in an automated system (AS), where each agent is a selfish entity.
In this paper, we consider the scenario when the receiver(s) and the relay links are both selfish, which generalizes the previous scenario in which either the relay links are selfish or the receivers are selfish. This also advances all previous studying in routing by taking into account the budget balance ratio. We prove that no mechanism can achieve budget balance ratio greater than 1n
when truthful revealing is a dominant strategy for each of the relay links and receivers. Here, n is the number of vertices in the network. In the meanwhile, we also present a mechanism that achieves the budget balance ratio 1n and is truthful for both the receivers and relay links, which closes the bounds. When we relax the truthful revealing requirement to Nash Equilibrium for relay links, we present a mechanism that achieves an asymptotically optimal budget balance ratio.Original language | English |
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Title of host publication | Internet and Network Economics |
Subtitle of host publication | First International Workshop, WINE 2005, Hong Kong, China, December 15-17, 2005, Proceedings |
Editors | Xiaotie Deng, Yinyu Ye |
Publisher | Springer-Verlag Berlin Heidelberg |
Pages | 979-988 |
Number of pages | 10 |
Edition | 1st |
ISBN (Electronic) | 9783540322931 |
ISBN (Print) | 9783540309000 |
DOIs | |
Publication status | Published - 2005 |
Event | 1st International Workshop on Internet and Network Economics, WINE 2005 - Hong Kong, China Duration: 15 Dec 2005 → 17 Dec 2005 |
Publication series
Name | Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) |
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Volume | 3828 |
ISSN (Print) | 0302-9743 |
ISSN (Electronic) | 1611-3349 |
Conference
Conference | 1st International Workshop on Internet and Network Economics, WINE 2005 |
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Country/Territory | China |
City | Hong Kong |
Period | 15/12/05 → 17/12/05 |
Scopus Subject Areas
- Theoretical Computer Science
- Computer Science(all)
User-Defined Keywords
- Nash Equilibrium
- Dominant Strategy
- Budget Balance
- Incentive Compatible
- Combinatorial Auction