Maximizing Nash Social Welfare in 2-Value Instances: Delineating Tractability
Hannaneh Akrami, Bhaskar Ray Chaudhury, Martin Hoefer, Kurt Mehlhorn, Marco Schmalhofer, Golnoosh Shahkarami, Giovanna Varricchio, Quentin Vermande, Ernest van Wijland

TL;DR
This paper characterizes when maximizing Nash social welfare in 2-value instances is computationally feasible, providing polynomial algorithms for certain cases and proving NP-hardness for others based on valuation parameters.
Contribution
It offers a complete complexity characterization of Nash social welfare maximization in 2-value instances, including polynomial algorithms and NP-hardness results depending on valuation parameters.
Findings
Polynomial-time algorithm for integral valuations ($q=1$)
Algorithm for half-integral valuations ($q=2$)
NP-hardness for $q \, \geq 3$
Abstract
We study the problem of allocating a set of indivisible goods among a set of agents with \emph{2-value additive valuations}. In this setting, each good is valued either or , for some fixed co-prime numbers such that . Our goal is to find an allocation maximizing the \emph{Nash social welfare} (\NSW), i.e., the geometric mean of the valuations of the agents. In this work, we give a complete characterization of polynomial-time tractability of \NSW\ maximization that solely depends on the values of . We start by providing a rather simple polynomial-time algorithm to find a maximum \NSW\ allocation when the valuation functions are \emph{integral}, that is, . We then exploit more involved techniques to get an algorithm producing a maximum \NSW\ allocation for the \emph{half-integral} case, that is, . Finally, we show it is…
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Taxonomy
TopicsAuction Theory and Applications · Game Theory and Voting Systems · Economic theories and models
