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Approximating Nash social welfare by matching and local search

Garg, Jugal, Husić, Edin, Li, Wenzheng, Végh, László A. and Vondrák, Jan (2023) Approximating Nash social welfare by matching and local search. In: Saha, Barna and Servedio, Rocco A., (eds.) STOC 2023 - Proceedings of the 55th Annual ACM Symposium on Theory of Computing. Proceedings of the Annual ACM Symposium on Theory of Computing. Association for Computing Machinery, pp. 1298-1310. ISBN 9781450399135

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Abstract

For any >0, we give a simple, deterministic (4+)-approximation algorithm for the Nash social welfare (NSW) problem under submodular valuations. The previous best approximation factor was 380 via a randomized algorithm. We also consider the asymmetric variant of the problem, where the objective is to maximize the weighted geometric mean of agents' valuations, and give an (ω + 2 + )-approximation if the ratio between the largest weight and the average weight is at most ω. We also show that the 12-EFX envy-freeness property can be attained simultaneously with a constant-factor approximation. More precisely, we can find an allocation in polynomial time which is both 12-EFX and a (8+)-approximation to the symmetric NSW problem under submodular valuations. The previous best approximation factor under 12-EFX was linear in the number of agents.

Item Type: Book Section
Additional Information: © 2023 ACM.
Divisions: Mathematics
Subjects: Q Science > QA Mathematics
H Social Sciences
Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Date Deposited: 12 Jul 2023 15:45
Last Modified: 08 May 2024 16:51
URI: http://eprints.lse.ac.uk/id/eprint/119720

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