Europe
Probably Approximately Efficient Combinatorial Auctions via Machine Learning
Brero, Gianluca (University of Zurich) | Lubin, Benjamin (Boston University) | Seuken, Sven (University of Zurich )
A well-known problem in combinatorial auctions (CAs) is that the value space grows exponentially in the number of goods, which often puts a large burden on the bidders and on the auctioneer. In this paper, we introduce a new design paradigm for CAs based on machine learning (ML). Bidders report their values (bids) to a proxy agent by answering a small number of value queries. The proxy agent then uses an ML algorithm to generalize from those bids to the whole value space, and the efficient allocation is computed based on the generalized valuations. We introduce the concept of "probably approximate efficiency (PAE)" to measure the efficiency of the new ML-based auctions, and we formally show how the generelizability of an ML algorithm relates to the efficiency loss incurred by the corresponding ML-based auction. To instantiate our paradigm, we use support vector regression (SVR) as our ML algorithm, which enables us to keep the winner determination problem of the CA tractable. Different parameters of the SVR algorithm allow us to trade off the expressiveness, economic efficiency, and computational efficiency of the CA. Finally, we demonstrate experimentally that, even with a small number of bids, our ML-based auctions are highly efficient with high probability.
Teams in Online Scheduling Polls: Game-Theoretic Aspects
Bredereck, Robert (University of Oxford) | Chen, Jiehua (Technische Universität Berlin) | Niedermeier, Rolf (Technische Universität Berlin) | Obraztsova, Svetlana (Hebrew University of Jerusalem) | Talmon, Nimrod (Weizmann Institute of Science)
Consider an important meeting to be held in a team-based organization. Taking availability constraints into account, an online scheduling poll is being used in order to decide upon the exact time of the meeting. Decisions are to be taken during the meeting, therefore each team would like to maximize its relative attendance (i.e. the proportional number of its team members attending the meeting). We introduce a corresponding game, where each team can declare a lower total availability in the scheduling poll in order to improve its relative attendance—the pay-off. We are especially interested in situations where teams can form coalitions. We provide an efficient algorithm that, given a coalition, finds an optimal way for each team in a coalition to improve its pay-off. In contrast, we show that deciding whether such a coalition exists is NP-hard. We also study the existence of Nash equilibria: Finding Nash equilibria for various small sizes of teams and coalitions can be done in polynomial time while it is coNP-hard if the coalition size is unbounded.
Team-Maxmin Equilibrium: Efficiency Bounds and Algorithms
Basilico, Nicola (University of Milan) | Celli, Andrea (Politecnico di Milano) | Nittis, Giuseppe De (Politecnico di Milano) | Gatti, Nicola (Politecnico di Milano)
The Team-maxmin equilibrium prescribes the optimal strategies for a team of rational players sharing the same goal and without the capability of correlating their strategies in strategic games against an adversary. This solution concept can capture situations in which an agent controls multiple resources - corresponding to the team members - that cannot communicate. It is known that such equilibrium always exists and it is unique (except degenerate cases) and these properties make it a credible solution concept to be used in real-world applications, especially in security scenarios. Nevertheless, to the best of our knowledge, the Team-maxmin equilibrium is almost completely unexplored in the literature. In this paper, we investigate bounds of (in)efficiency of the Team-maxmin equilibrium w.r.t. the Nash equilibria and w.r.t. the Maxmin equilibrium when the team members can play correlated strategies. Furthermore, we study a number of algorithms to find and/or approximate an equilibrium, discussing their theoretical guarantees and evaluating their performance by using a standard testbed of game instances.
On Pareto Optimality in Social Distance Games
Balliu, Alkida (Gran Sasso Science Institute) | Flammini, Michele (University of L'Aquila and Gran Sasso Science Institute) | Olivetti, Dennis (Gran Sasso Science Institute)
We investigate Pareto stability in Social Distance Games, that are coalition forming games in which agents utilities are proportional to their harmonic centralities in the respective coalitions, i.e., to the average inverse distance from the other agents. Pareto optimal solutions have been already considered in the literature as outcomes arising from the strategic interaction of the agents. In particular, they are stable under the deviation of the grand coalition, as they do not permit a simultaneous deviation by all the agents making all of them weakly better off and some strictly better off. We first show that, while computing a Pareto stable solution maximizing the social welfare is NP-hard in bounded degree graphs, a 2 min{Delta,sqrt n}-approximating one can be determined in polynomial time, where n is the number of agents and Delta the maximum node degree. We then determine asymptotically tight bounds on the Price of Pareto Optimality for several classes of social graphs arising from the following combinations: unbounded and bounded node degree, undirected and directed edges, unweighted and weighted edges.
Incentivising Monitoring in Open Normative Systems
Alechina, Natasha (University of Nottingham) | Halpern, Joseph Y. (Cornell University) | Kash, Ian A. (Microsoft Research, Cambridge) | Logan, Brian (University of Nottingham)
We present an approach to incentivising monitoring for norm violations in open multi-agent systems such as Wikipedia. In such systems, there is no crisp definition of a norm violation; rather, it is a matter of judgement whether an agent's behaviour conforms to generally accepted standards of behaviour. Agents may legitimately disagree about borderline cases. Using ideas from scrip systems and peer prediction, we show how to design a mechanism that incentivises agents to monitor each other's behaviour for norm violations. The mechanism keeps the probability of undetected violations (submissions that the majority of the community would consider not conforming to standards) low, and is robust against collusion by the monitoring agents.
Exploiting both Vertical and Horizontal Dimensions of Feature Hierarchy for Effective Recommendation
Sun, Zhu (Nanyang Technological University) | Yang, Jie (Delft University of Technology) | Zhang, Jie (Nanyang Technological University, Singapore) | Bozzon, Alessandro (Delft University of Technology)
Feature hierarchy (FH) has proven to be effective to improve recommendation accuracy. Prior work mainly focuses on the influence of vertically affiliated features (i.e. child-parent) on user-item interactions. The relationships of horizontally organized features (i.e. siblings and cousins) in the hierarchy, however, has only been little investigated. We show in real-world datasets that feature relationships in horizontal dimension can help explain and further model user-item interactions. To fully exploit FH, we propose a unified recommendation framework that seamlessly incorporates both vertical and horizontal dimensions for effective recommendation. Our model further considers two types of semantically rich feature relationships in horizontal dimension, i.e. complementary and alternative relationships. Extensive validation on four real-world datasets demonstrates the superiority of our approach against the state of the art. An additional benefit of our model is to provide better interpretations of the generated recommendations.
Radon – Rapid Discovery of Topological Relations
Sherif, Mohamed Ahmed (University of Leipzig) | Dreßler, Kevin (University of Leipzig) | Smeros, Panayiotis (Swiss Federal Institute of Technology in Lausanne (EPFL)) | Ngomo, Axel-Cyrille Ngonga (University of Leipzig)
Geospatial data is at the core of the Semantic Web, of which the largest knowledge base contains more than 30 billions facts. Reasoning on these large amounts of geospatial data requires efficient methods for the computation of links between the resources contained in these knowledge bases. In this paper, we present Radon – efficient solution for the discovery of topological relations between geospatial resources according to the DE9-IM standard. Our evaluation shows that we outperform the state of the art significantly and by several orders of magnitude.
A Declarative Approach to Data-Driven Fact Checking
Leblay, Julien (Artificial Intelligence Research Center, AIST)
Fact checking is an essential part of any investigative work. For linguistic, psychological and social reasons, it is an inherently human task. Yet, modern media make it increasingly difficult for experts to keep up with the pace at which information is produced. Hence, we believe there is value in tools to assist them in this process. Much of the effort on Web data research has been focused on coping with incompleteness and uncertainty. Comparatively, dealing with context has received less attention, although it is crucial in judging the validity of a claim. For instance, what holds true in a US state, might not in its neighbors, e.g., due to obsolete or superseded laws. In this work, we address the problem of checking the validity of claims in multiple contexts. We define a language to represent and query facts across different dimensions. The approach is non-intrusive and allows relatively easy modeling, while capturing incompleteness and uncertainty. We describe the syntax and semantics of the language. We present algorithms to demonstrate its feasibility, and we illustrate its usefulness through examples.
Regularities and Irregularities in Order Flow Data
Theissen, Martin, Krause, Sebastian M., Guhr, Thomas
We identify and analyze statistical regularities and irregularities in the recent order flow of different NASDAQ stocks, focusing on the positions where orders are placed in the orderbook. This includes limit orders being placed outside of the spread, inside the spread and (effective) market orders. We find that limit order placement inside the spread is strongly determined by the dynamics of the spread size. Most orders, however, arrive outside of the spread. While for some stocks order placement on or next to the quotes is dominating, deeper price levels are more important for other stocks. As market orders are usually adjusted to the quote volume, the impact of market orders depends on the orderbook structure, which we find to be quite diverse among the analyzed stocks as a result of the way limit order placement takes place.
Russian drone video shows Islamic State destroying more of Palmyra; HRW blasts Aleppo gas attacks
MOSCOW/UNITED NATIONS – Russia released drone footage Monday showing new destruction in Syria's historic town of Palmyra, which was recently recaptured by the Islamic State group, and warned that the militants could be planning the further demolition of antiquities. The Russian Defense Ministry says Syrian government forces are advancing toward the town as another battle for the ancient site looms. The video showed that the militants have badly damaged the facade of the Roman-era amphitheater and the Tetrapylon -- a set of four monuments with four columns each at the center of the colonnaded road leading to the theater. The video appears to show that only two of the 16 columns remain standing. IS militants have destroyed ancient sites across their self-styled Islamic caliphate in Syria and Iraq, perceiving them as monuments to idolatry.