An Optimal Truthful Mechanism for the Online Weighted Bipartite Matching Problem
Rebecca Reiffenh\"auser

TL;DR
This paper presents an optimal truthful mechanism for online weighted bipartite matching under the secretary model, achieving the e-competitive ratio and surpassing previous mechanisms with logarithmic bounds.
Contribution
It introduces a new, optimal truthful mechanism for online weighted bipartite matching that matches the e-competitive ratio, closing the gap with non-truthful algorithms.
Findings
Achieves e-competitive ratio for the problem
Demonstrates truthfulness does not reduce competitiveness
Introduces a novel proof technique based on mechanism independence
Abstract
In the weighted bipartite matching problem, the goal is to find a maximum-weight matching in a bipartite graph with nonnegative edge weights. We consider its online version where the first vertex set is known beforehand, but vertices of the second set appear one after another. Vertices of the first set are interpreted as items, and those of the second set as bidders. On arrival, each bidder vertex reveals the weights of all adjacent edges and the algorithm has to decide which of those to add to the matching. We introduce an optimal, -competitive truthful mechanism under the assumption that bidders arrive in random order (secretary model). It has been shown that the upper and lower bound of e for the original secretary problem extends to various other problems even with rich combinatorial structure, one of them being weighted bipartite matching. But truthful mechanisms so far fall…
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