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We consider computationally-efficient incentive-compatible
mechanisms that use the VCG payment scheme, and study how well they
can approximate the social welfare in auction settings. We obtain a
$2$-approximation for multi-unit auctions, and show that this is
best possible, even though from a purely computational perspective
an FPTAS exists. For combinatorial ...
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We survey the theory of average-case complexity, with a
focus on problems in NP.
We are going to analyze simple search tree algorithms
for Weighted d-Hitting Set. Although the algorithms are simple, their analysis is technically rather involved. However, this approach allows us to even improve on elsewhere published algorithm running time estimates for the more restricted case of (unweighted) d-Hitting Set.
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