Non-Adaptive Matroid Prophet Inequalities

November 18, 2020 Β· Declared Dead Β· πŸ› Algorithmic Game Theory

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Authors Shuchi Chawla, Kira Goldner, Anna R. Karlin, J. Benjamin Miller arXiv ID 2011.09406 Category cs.DS: Data Structures & Algorithms Cross-listed cs.GT Citations 8 Venue Algorithmic Game Theory Last Checked 4 months ago
Abstract
We investigate non-adaptive algorithms for matroid prophet inequalities. Matroid prophet inequalities have been considered resolved since 2012 when [KW12] introduced thresholds that guarantee a tight 2-approximation to the prophet; however, this algorithm is adaptive. Other approaches of [CHMS10] and [FSZ16] have used non-adaptive thresholds with a feasibility restriction; however, this translates to adaptively changing an item's threshold to infinity when it cannot be taken with respect to the additional feasibility constraint, hence the algorithm is not truly non-adaptive. A major application of prophet inequalities is in auction design, where non-adaptive prices possess a significant advantage: they convert to order-oblivious posted pricings, and are essential for translating a prophet inequality into a truthful mechanism for multi-dimensional buyers. The existing matroid prophet inequalities do not suffice for this application. We present the first non-adaptive constant-factor prophet inequality for graphic matroids.
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