Approximating Nash Social Welfare under Submodular Valuations through (Un)Matchings
Jugal Garg, Pooja Kulkarni, Rucha Kulkarni

TL;DR
This paper develops new approximation algorithms for maximizing Nash social welfare in complex settings with submodular and additive valuations, achieving bounds independent of the number of items and addressing computational hardness.
Contribution
It introduces two simple greedy-based approximation algorithms for asymmetric agents with additive and submodular valuations, extending NSW solutions to more general cases.
Findings
Achieves O(n) and O(n log n) approximation factors for additive and submodular cases.
Provides an EF1 allocation for additive valuations.
Establishes the hardness of approximation for submodular valuations at e/(e-1).
Abstract
We study the problem of approximating maximum Nash social welfare (NSW) when allocating m indivisible items among n asymmetric agents with submodular valuations. The NSW is a well-established notion of fairness and efficiency, defined as the weighted geometric mean of agents' valuations. For special cases of the problem with symmetric agents and additive(-like) valuation functions, approximation algorithms have been designed using approaches customized for these specific settings, and they fail to extend to more general settings. Hence, no approximation algorithm with factor independent of m is known either for asymmetric agents with additive valuations or for symmetric agents beyond additive(-like) valuations. In this paper, we extend our understanding of the NSW problem to far more general settings. Our main contribution is two approximation algorithms for asymmetric agents with…
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Taxonomy
TopicsGame Theory and Voting Systems
