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Editor's introduction

Editor's introduction Editor ™s Introduction I am very happy to introduce Issue 8.1 of SIGecom Exchanges. This issue starts with a conference announcement and a book review. Rossi and Tsoukias announce the rst edition of a new conference on Algorithmic Decision Theory (ADT-09), to be held in Venice, Italy. The conference aims to bring together researchers from decision theory, discrete mathematics, theoretical computer science, and arti cial intelligence. Then, Aziz reviews the book œSocial and Economic Networks  by Matthew O. Jackson, which gives an overview and synthesis of techniques from a variety of elds for the analysis of such networks. The rst four letters concern the design of auctions and other mechanisms. Ashlagi, Dobzinski, and Lavi consider the problem of designing mechanisms to schedule jobs on unrelated machines. The goal is to minimize the makespan. They examine the Nisan-Ronen conjecture that no truthful mechanism achieves an approximation ratio better than the number of machines, and prove that the conjecture holds for anonymous mechanisms. Hartline and Roughgarden consider the problem of creating œoptimal  mechanisms, that is, mechanisms that maximize expected revenue. In particular, they study simple mechanisms such as VCG with reserve prices, VCG with anonymous reserve prices, and VCG without any reserve prices, and they consider how close these come to optimality, in several di €erent senses. Herings, M ller, and Vermeulen give a survey u of bisection auctions, which are iterative auctions that aim to minimize the information communicated by bidders by performing a type of binary search on the valuation space. Finally, Vorobeychik engages in simulation-based analyses of strategic behavior in keyword auctions that are di ƒcult to solve analytically. Some of his noteworthy conclusions are that generalized second price mechanisms are far from truthful and that ranking by bid tends to produce higher pro t than ranking by revenue. The next four letters concern other game-theoretic topics. Ackermann, Goldberg, Mirrokni, R glin, o and V cking consider two-sided matching markets without a central authority, and study whether bettero response and best-response dynamics converge to a stable matching, and, if so, whether they do so quickly. Chalkiadakis, Elkind, Markakis, Polukarov, and Jennings consider coalitional games in which an agent can simultaneously be part of multiple (partial) coalitions by devoting only some of her resources to each of these coalitions. They introduce various notions of stability, and also instantiate their framework on some speci c games. Chawla, Niu, and Roughgarden consider networks where every seller owns a single edge, and every consumer is interested in purchasing a path from its source vertex to its sink vertex. They study Bertrand games where sellers rst set prices, and then consumers make their purchases. They give bounds on the price of anarchy (the cost of sel sh behavior) in these games. The last letter in this group is by Montanari and Saberi, who study a simple game-theoretic model for the spread of an innovation in a network. Perhaps surprisingly, they show that well-connected graphs lead to slow convergence. Finally, there are the puzzles. The new Editor ™s Puzzle concerns a group of Japanese warriors who are trying to identify the champion among them, through a sequence of challenges in which they cannot evaluate their own performance. There is also a solution by Sharma and Verwer to the previous issue ™s puzzle. They derive a simple expression for the nal fraction of agents that adopt technology B in that puzzle. I would like to thank the reviewers for this issue, as well as our Information Director Daniel Reeves who has once again been very helpful in putting this issue together. Enjoy! Vincent Conitzer Editor-in-Chief http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png ACM SIGecom Exchanges Association for Computing Machinery

Editor's introduction

ACM SIGecom Exchanges , Volume 8 (1) – Jul 1, 2009

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Publisher
Association for Computing Machinery
Copyright
The ACM Portal is published by the Association for Computing Machinery. Copyright © 2010 ACM, Inc.
Subject
Economics
ISSN
1551-9031
DOI
10.1145/1598780.1598781
Publisher site
See Article on Publisher Site

Abstract

Editor ™s Introduction I am very happy to introduce Issue 8.1 of SIGecom Exchanges. This issue starts with a conference announcement and a book review. Rossi and Tsoukias announce the rst edition of a new conference on Algorithmic Decision Theory (ADT-09), to be held in Venice, Italy. The conference aims to bring together researchers from decision theory, discrete mathematics, theoretical computer science, and arti cial intelligence. Then, Aziz reviews the book œSocial and Economic Networks  by Matthew O. Jackson, which gives an overview and synthesis of techniques from a variety of elds for the analysis of such networks. The rst four letters concern the design of auctions and other mechanisms. Ashlagi, Dobzinski, and Lavi consider the problem of designing mechanisms to schedule jobs on unrelated machines. The goal is to minimize the makespan. They examine the Nisan-Ronen conjecture that no truthful mechanism achieves an approximation ratio better than the number of machines, and prove that the conjecture holds for anonymous mechanisms. Hartline and Roughgarden consider the problem of creating œoptimal  mechanisms, that is, mechanisms that maximize expected revenue. In particular, they study simple mechanisms such as VCG with reserve prices, VCG with anonymous reserve prices, and VCG without any reserve prices, and they consider how close these come to optimality, in several di €erent senses. Herings, M ller, and Vermeulen give a survey u of bisection auctions, which are iterative auctions that aim to minimize the information communicated by bidders by performing a type of binary search on the valuation space. Finally, Vorobeychik engages in simulation-based analyses of strategic behavior in keyword auctions that are di ƒcult to solve analytically. Some of his noteworthy conclusions are that generalized second price mechanisms are far from truthful and that ranking by bid tends to produce higher pro t than ranking by revenue. The next four letters concern other game-theoretic topics. Ackermann, Goldberg, Mirrokni, R glin, o and V cking consider two-sided matching markets without a central authority, and study whether bettero response and best-response dynamics converge to a stable matching, and, if so, whether they do so quickly. Chalkiadakis, Elkind, Markakis, Polukarov, and Jennings consider coalitional games in which an agent can simultaneously be part of multiple (partial) coalitions by devoting only some of her resources to each of these coalitions. They introduce various notions of stability, and also instantiate their framework on some speci c games. Chawla, Niu, and Roughgarden consider networks where every seller owns a single edge, and every consumer is interested in purchasing a path from its source vertex to its sink vertex. They study Bertrand games where sellers rst set prices, and then consumers make their purchases. They give bounds on the price of anarchy (the cost of sel sh behavior) in these games. The last letter in this group is by Montanari and Saberi, who study a simple game-theoretic model for the spread of an innovation in a network. Perhaps surprisingly, they show that well-connected graphs lead to slow convergence. Finally, there are the puzzles. The new Editor ™s Puzzle concerns a group of Japanese warriors who are trying to identify the champion among them, through a sequence of challenges in which they cannot evaluate their own performance. There is also a solution by Sharma and Verwer to the previous issue ™s puzzle. They derive a simple expression for the nal fraction of agents that adopt technology B in that puzzle. I would like to thank the reviewers for this issue, as well as our Information Director Daniel Reeves who has once again been very helpful in putting this issue together. Enjoy! Vincent Conitzer Editor-in-Chief

Journal

ACM SIGecom ExchangesAssociation for Computing Machinery

Published: Jul 1, 2009

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