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Learning What's Going on: Reconstructing Preferences and Priorities from Opaque Transactions

Published: 15 June 2015 Publication History

Abstract

We consider a setting where n buyers, with combinatorial preferences over m items, and a seller, running a priority-based allocation mechanism, repeatedly interact. Our goal, from observing limited information about the results of these interactions, is to reconstruct both the preferences of the buyers and the mechanism of the seller. More specifically, we consider an online setting where at each stage, a subset of the buyers arrive and are allocated items, according to some unknown priority that the seller has among the buyers. Our learning algorithm observes only which buyers arrive and the allocation produced (or some function of the allocation, such as just which buyers received positive utility and which did not), and its goal is to predict the outcome for future subsets of buyers. For this task, the learning algorithm needs to reconstruct both the priority among the buyers and the preferences of each buyer. We derive mistake bound algorithms for additive, unit-demand and single minded buyers. We also consider the case where buyers' utilities for a fixed bundle can change between stages due to different (observed) prices. Our algorithms are efficient both in computation time and in the maximum number of mistakes (both polynomial in the number of buyers and items).

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Cited By

View all
  • (2018)Social Welfare and Profit Maximization from Revealed PreferencesWeb and Internet Economics10.1007/978-3-030-04612-5_18(264-281)Online publication date: 21-Nov-2018
  • (2016)Learning from rational behaviorProceedings of the 30th International Conference on Neural Information Processing Systems10.5555/3157096.3157273(1578-1586)Online publication date: 5-Dec-2016
  • (2016)Actively learning hemimetrics with applications to eliciting user preferencesProceedings of the 33rd International Conference on International Conference on Machine Learning - Volume 4810.5555/3045390.3045435(412-420)Online publication date: 19-Jun-2016

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    cover image ACM Conferences
    EC '15: Proceedings of the Sixteenth ACM Conference on Economics and Computation
    June 2015
    852 pages
    ISBN:9781450334105
    DOI:10.1145/2764468
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

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    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 15 June 2015

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    Author Tags

    1. algorithms
    2. learning theory
    3. mechanism design
    4. mistake-bound learning

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    • Research-article

    Funding Sources

    • The Israeli Centers of Research Excellence (I-CORE) program
    • ISFBSF MoS
    • National Science Foundation
    • Simons Foundation

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    EC '15
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    EC '15: ACM Conference on Economics and Computation
    June 15 - 19, 2015
    Oregon, Portland, USA

    Acceptance Rates

    EC '15 Paper Acceptance Rate 72 of 220 submissions, 33%;
    Overall Acceptance Rate 664 of 2,389 submissions, 28%

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    The 25th ACM Conference on Economics and Computation
    July 7 - 11, 2025
    Stanford , CA , USA

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    Cited By

    View all
    • (2018)Social Welfare and Profit Maximization from Revealed PreferencesWeb and Internet Economics10.1007/978-3-030-04612-5_18(264-281)Online publication date: 21-Nov-2018
    • (2016)Learning from rational behaviorProceedings of the 30th International Conference on Neural Information Processing Systems10.5555/3157096.3157273(1578-1586)Online publication date: 5-Dec-2016
    • (2016)Actively learning hemimetrics with applications to eliciting user preferencesProceedings of the 33rd International Conference on International Conference on Machine Learning - Volume 4810.5555/3045390.3045435(412-420)Online publication date: 19-Jun-2016

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