[PDF][PDF] Convex program duality, Fisher markets, and Nash social welfare

R Cole, N Devanur, V Gkatzelis, K Jain, T Mai… - Proceedings of the …, 2017 - dl.acm.org
… the problem of maximizing the Nash social welfare (NSW). In … is closely related to the Fisher
market model: if we relax the … correspond to market equilibria for the linear Fisher market. …

Satiation in Fisher markets and approximation of Nash social welfare

J Garg, M Hoefer, K Mehlhorn - Mathematics of Operations …, 2024 - pubsonline.informs.org
… We study linear Fisher markets with satiation. In these … We study Fisher markets with
linear valuations and earning and utility limits. In markets with utility limits, a market equilibrium …

Nash social welfare approximation for strategic agents

S Brânzei, V Gkatzelis, R Mehta - … of the 2017 ACM Conference on …, 2017 - dl.acm.org
Fisher market, a fundamental model of an economy, whose benchmark is precisely the (weighted)
Nash social welfare… perfect substitutes, the Fisher market mechanism yields a constant …

Nash equilibria in Fisher market

B Adsul, CS Babu, J Garg, R Mehta… - Algorithmic Game Theory …, 2010 - Springer
… the Fisher market equilibrium, we formulate the Fisher market … is a necessary condition for
the Nash equilibria (NE) and … There may exist NESPs, whose social welfare (ie, sum of the …

The fisher market game: Equilibrium and welfare

S Brânzei, Y Chen, X Deng, A Filos-Ratsikas… - Proceedings of the …, 2014 - ojs.aaai.org
… We show that the Fisher market game always has a pure Nash equilibrium, for buyers with …
fying the social welfare loss due to the strategic behavior of buyers in the Fisher market game. …

Greedy algorithms for maximizing Nash social welfare

S Barman, SK Krishnamurthy, R Vaish - arXiv preprint arXiv:1801.09046, 2018 - arxiv.org
… an exact solution (ie, a Nash optimal allocation) can be found … algorithms for optimizing Nash
social welfare under concave … equilibria of Fisher markets or using real stable polynomials. …

Improving Nash social welfare approximations

J Garg, P McGlaughlin - Improving Nash Social Welfare Approximations, 2019 - par.nsf.gov
… We define a modified Fisher market instance (N,M,V,e ) using the same set of agents, goods
and agent valuations, but with different budgets. For each agent i, we set their new budget …

Improving Nash social welfare approximations

P McGlaughlin, J Garg - Journal of Artificial Intelligence Research, 2020 - jair.org
… We define a modified Fisher market instance (N,M,V,e ) using the same set of agents, goods
… It follows that A and prices p are market equilibrium for the Fisher market instance (N,M,V,e )…

Approximating the Nash social welfare with budget-additive valuations

J Garg, M Hoefer, K Mehlhorn - Proceedings of the Twenty-Ninth Annual ACM …, 2018 - SIAM
… relaxing the problem to a class of Fisher markets and then rounding an equilibrium allocation
to an … earning limits into the resulting Fisher market. For additive valuations, this creates a …

Nash social welfare approximation for strategic agents

S Brânzei, V Gkatzelis, R Mehta - Operations research, 2022 - pubsonline.informs.org
… The following theorem, which we believe is of independent interest, states that in Fisher
markets with Leontief utilities, approximate market equilibria are close to exact equilibria in terms …