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Coalitional games on graphs: Core structure, substitutes and frugality

  • IBM
  • Strat. Plan. and Optimization Team

Research output: Contribution to conferencePaperpeer-review

13 Scopus citations

Abstract

Some notions in mechanism design are correlated to concepts from game theory. The notion of frugality is formalized and extended to define the frugality ratio of a mechanism. The equivalence of frugality is established and a slightly modified version of the agents are substitutes condition. This leads to a three-way equivalence of the core being a lattice, agents satisfying the substitutes condition, and the VCG payment being frugal.

Original languageEnglish
Pages248-249
Number of pages2
StatePublished - 2003
EventProceedings of the 4th ACM Conference on Electronic Commerce - San Diego, CA, United States
Duration: Jun 9 2003Jun 12 2003

Conference

ConferenceProceedings of the 4th ACM Conference on Electronic Commerce
Country/TerritoryUnited States
CitySan Diego, CA
Period06/9/0306/12/03

Keywords

  • Agents
  • Core
  • Frugality
  • Game theory
  • Lattice
  • Substitutes
  • VCG mechanism

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