Low Sample Complexity Participatory Budgeting
We study low sample complexity mechanisms in participatory budgeting (PB), where each voter votes for a preferred allocation of funds to various projects, subject to project costs and total spending constraints. We analyze the distortion that PB mechanisms introduce relative to the minimum-social-co...
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| Main Authors | , , , |
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| Format | Journal Article |
| Language | English |
| Published |
11.02.2023
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| Subjects | |
| Online Access | Get full text |
| DOI | 10.48550/arxiv.2302.05810 |
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| Summary: | We study low sample complexity mechanisms in participatory budgeting (PB),
where each voter votes for a preferred allocation of funds to various projects,
subject to project costs and total spending constraints. We analyze the
distortion that PB mechanisms introduce relative to the minimum-social-cost
outcome in expectation. The Random Dictator mechanism for this problem obtains
a distortion of 2. In a special case where every voter votes for exactly one
project, [Fain et al '17] obtain a distortion of 4/3 We show that when PB
outcomes are determined as any convex combination of the votes of two voters,
the distortion is 2. When three uniformly randomly sampled votes are used, we
give a PB mechanism that obtains a distortion of at most 1.66, thus breaking
the barrier of 2 with the smallest possible sample complexity.
We give a randomized Nash bargaining scheme where two uniformly randomly
chosen voters bargain with the disagreement point as the vote of a voter chosen
uniformly at random. This mechanism has a distortion of at most 1.66. We
provide a lower bound of 1.38 for the distortion of this scheme. Further, we
show that PB mechanisms that output a median of the votes of three voters
chosen uniformly at random have a distortion of at most 1.80. |
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| DOI: | 10.48550/arxiv.2302.05810 |