arXiv subjects

Omri Weinstein

Publications and source records attributed to Omri Weinstein.

40 records · Page 3Linked to original sources

arXiv2014

Welfare and Revenue Guarantees for Competitive Bundling Equilibrium

We study equilibria of markets with $m$ heterogeneous indivisible goods and $n$ consumers with combinatorial preferences. It is well known that a competitive equilibrium is not guaranteed to exist when valuations are not gross substitutes. Given the widespread use of bundling in real-life markets, we study its role as a stabilizing and coordinating device by considering the notion of \emph{competitive bundling equilibrium}: a competitive equilibrium over the market induced by partitioning the goods for sale into fixed bundles. Compared to other equilibrium concepts involving bundles, this notion has the advantage of simulatneous succinctness ($O(m)$ prices) and market clearance. Our first set of results concern welfare guarantees. We show that in markets where consumers care only about the number of goods they receive (known as multi-unit or homogeneous markets), even in the presence of complementarities, there always exists a competitive bundling equilibrium that guarantees a logarithmic fraction of the optimal welfare, and this guarantee is tight. We also establish non-trivial welfare guarantees for general markets, two-consumer markets, and markets where the consumer valuations are additive up to a fixed budget (budget-additive). Our second set of results concern revenue guarantees. Motivated by the fact that the revenue extracted in a standard competitive equilibrium may be zero (even with simple unit-demand consumers), we show that for natural subclasses of gross substitutes valuations, there always exists a competitive bundling equilibrium that extracts a logarithmic fraction of the optimal welfare, and this guarantee is tight. The notion of competitive bundling equilibrium can thus be useful even in markets which possess a standard competitive equilibrium.

cs.GT↗

arXiv2012

A discrepancy lower bound for information complexity

This paper provides the first general technique for proving information lower bounds on two-party unbounded-rounds communication problems. We show that the discrepancy lower bound, which applies to randomized communication complexity, also applies to information complexity. More precisely, if the discrepancy of a two-party function $f$ with respect to a distribution $μ$ is $Disc_μf$, then any two party randomized protocol computing $f$ must reveal at least $Ω(\log (1/Disc_μf))$ bits of information to the participants. As a corollary, we obtain that any two-party protocol for computing a random function on $\{0,1\}^n\times\{0,1\}^n$ must reveal $Ω(n)$ bits of information to the participants. In addition, we prove that the discrepancy of the Greater-Than function is $Ω(1/\sqrt{n})$, which provides an alternative proof to the recent proof of Viola \cite{Viola11} of the $Ω(\log n)$ lower bound on the communication complexity of this well-studied function and, combined with our main result, proves the tight $Ω(\log n)$ lower bound on its information complexity. The proof of our main result develops a new simulation procedure that may be of an independent interest. In a very recent breakthrough work of Kerenidis et al. \cite{kerenidis2012lower}, this simulation procedure was the main building block for proving that almost all known lower bound techniques for communication complexity (and not just discrepancy) apply to information complexity.

cs.CC↗

arXiv2012

On the Furthest Hyperplane Problem and Maximal Margin Clustering

This paper introduces the Furthest Hyperplane Problem (FHP), which is an unsupervised counterpart of Support Vector Machines. Given a set of n points in Rd, the objective is to produce the hyperplane (passing through the origin) which maximizes the separation margin, that is, the minimal distance between the hyperplane and any input point. To the best of our knowledge, this is the first paper achieving provable results regarding FHP. We provide both lower and upper bounds to this NP-hard problem. First, we give a simple randomized algorithm whose running time is n^O(1/θ^2) where θ is the optimal separation margin. We show that its exponential dependency on 1/θ^2 is tight, up to sub-polynomial factors, assuming SAT cannot be solved in sub-exponential time. Next, we give an efficient approxima- tion algorithm. For any α \in [0, 1], the algorithm produces a hyperplane whose distance from at least 1 - 5α fraction of the points is at least α times the optimal separation margin. Finally, we show that FHP does not admit a PTAS by presenting a gap preserving reduction from a particular version of the PCP theorem.

cs.CC↗

arXiv2011

Approximating the Influence of a monotone Boolean function in O(\sqrt{n}) query complexity

The {\em Total Influence} ({\em Average Sensitivity) of a discrete function is one of its fundamental measures. We study the problem of approximating the total influence of a monotone Boolean function \ifnum\plusminus=1 $f: \{\pm1\}^n \longrightarrow \{\pm1\}$, \else $f: \bitset^n \to \bitset$, \fi which we denote by $I[f]$. We present a randomized algorithm that approximates the influence of such functions to within a multiplicative factor of $(1\pm \eps)$ by performing $O(\frac{\sqrt{n}\log n}{I[f]} \poly(1/\eps)) $ queries. % \mnote{D: say something about technique?} We also prove a lower bound of % $Ω(\frac{\sqrt{n/\log n}}{I[f]})$ $Ω(\frac{\sqrt{n}}{\log n \cdot I[f]})$ on the query complexity of any constant-factor approximation algorithm for this problem (which holds for $I[f] = Ω(1)$), % and $I[f] = O(\sqrt{n}/\log n)$), hence showing that our algorithm is almost optimal in terms of its dependence on $n$. For general functions we give a lower bound of $Ω(\frac{n}{I[f]})$, which matches the complexity of a simple sampling algorithm.

cs.DS↗