Public Bayesian Persuasion: Being Almost Optimal and Almost Persuasive
- URL: http://arxiv.org/abs/2002.05156v2
- Date: Tue, 31 Mar 2020 13:26:27 GMT
- Title: Public Bayesian Persuasion: Being Almost Optimal and Almost Persuasive
- Authors: Matteo Castiglioni, Andrea Celli, Nicola Gatti
- Abstract summary: We study the public persuasion problem in the general setting with: (i) arbitrary state spaces; (ii) arbitrary action spaces; (iii) arbitrary sender's utility functions.
We provide a quasi-polynomial time bi-criteria approximation algorithm for arbitrary public persuasion problems that, in specific settings, yields a QPTAS.
- Score: 57.47546090379434
- License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
- Abstract: Persuasion studies how an informed principal may influence the behavior of
agents by the strategic provision of payoff-relevant information. We focus on
the fundamental multi-receiver model by Arieli and Babichenko (2019), in which
there are no inter-agent externalities. Unlike prior works on this problem, we
study the public persuasion problem in the general setting with: (i) arbitrary
state spaces; (ii) arbitrary action spaces; (iii) arbitrary sender's utility
functions. We fully characterize the computational complexity of computing a
bi-criteria approximation of an optimal public signaling scheme. In particular,
we show, in a voting setting of independent interest, that solving this problem
requires at least a quasi-polynomial number of steps even in settings with a
binary action space, assuming the Exponential Time Hypothesis. In doing so, we
prove that a relaxed version of the Maximum Feasible Subsystem of Linear
Inequalities problem requires at least quasi-polynomial time to be solved.
Finally, we close the gap by providing a quasi-polynomial time bi-criteria
approximation algorithm for arbitrary public persuasion problems that, in
specific settings, yields a QPTAS.
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