We propose a gradient-based iterative method yielding a truthfulness preserving implementation of the Vickrey–Clarke–Groves mechanism for minimization of social convex objectives. The approach is guaranteed to return, in the limit, the same efficient outcomes of the VCG method, while improving its privacy limitations and reducing its communication requirements. Its performance is investigated through an illustrative example of vehicles coordination.

Gradient-based local formulations of the Vickrey–Clarke–Groves mechanism for truthful minimization of social convex objectives / Angeli, D.; Manfredi, S.. - In: AUTOMATICA. - ISSN 0005-1098. - 150:(2023). [10.1016/j.automatica.2023.110870]

Gradient-based local formulations of the Vickrey–Clarke–Groves mechanism for truthful minimization of social convex objectives

Manfredi S.
2023

Abstract

We propose a gradient-based iterative method yielding a truthfulness preserving implementation of the Vickrey–Clarke–Groves mechanism for minimization of social convex objectives. The approach is guaranteed to return, in the limit, the same efficient outcomes of the VCG method, while improving its privacy limitations and reducing its communication requirements. Its performance is investigated through an illustrative example of vehicles coordination.
2023
Gradient-based local formulations of the Vickrey–Clarke–Groves mechanism for truthful minimization of social convex objectives / Angeli, D.; Manfredi, S.. - In: AUTOMATICA. - ISSN 0005-1098. - 150:(2023). [10.1016/j.automatica.2023.110870]
File in questo prodotto:
File Dimensione Formato  
Gradient-based local formulations of the Vickrey–Clarke–Groves mechanism for truthful minimization of social convex objectives_2023.pdf

non disponibili

Licenza: Non specificato
Dimensione 595.22 kB
Formato Adobe PDF
595.22 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11588/958689
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 1
  • ???jsp.display-item.citation.isi??? 1
social impact