Query strategies for priced information

  • Authors:
  • Moses Charikar;Ronald Fagin;Venkatesan Guruswami;Jon Kleinberg;Prabhakar Raghavan;Amit Sahai

  • Affiliations:
  • Department of Computer Science, Stanford University, Stanford, California;IBM Almaden Research Center, 650 Harry Road, San Jose, California;Laboratory for Computer Science, Massachusetts Institute of Technology, 200 Technology Square, Cambridge, Massachusetts;Department of Computer Science, Cornell University, Ithaca, New York;IBM Almaden Research Center, 650 Harry Road, San Jose, California;Laboratory for Computer Science, Massachusetts Institute of Technology, 200 Technology Square, Cambridge, Massachusetts

  • Venue:
  • Journal of Computer and System Sciences - Special issue on STOC 2000
  • Year:
  • 2002

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Abstract

We consider a class of problems in which an algorithm seeks to compute a function f over a set of n inputs, where each input has an associated price. The algorithm queries inputs sequentially, trying to learn the value of the function for the minimum cost. We apply the competitive analysis of algorithms to this framework, designing algorithms that incur large cost only when the cost of the cheapest "proof" for the value of f is also large. We provide algorithms that achieve the optimal competitive ratio for functions that include arbitrary Boolean AND/OR trees, and for the problem of searching in a sorted array. We also investigate a model for pricing in this framework and construct, for every AND/OR tree, a set of prices that satisfies a very strong type of equilibrium property.