论文标题
广义本金:合同,信息,游戏及其他
Generalized Principal-Agency: Contracts, Information, Games and Beyond
论文作者
论文摘要
在Myerson'82提出的主要代理问题中,代理具有私人信息(类型)并做出私人决策(行动),这两者都无法对本金不受欢迎。迈尔森指出了一种依赖启示原则的优雅线性编程解决方案。本文将Myerson的结果扩展到了更通用的环境,在该环境中,主体的行动空间可能是无限的,并且受到其他设计约束。 我们广义的主要代理模型统一了几个重要的设计问题,包括合同设计,信息设计和贝叶斯Stackelberg游戏,并将其作为特殊情况。我们首先将启示原理扩展到该通用模型,然后基于多项式时间算法来计算主体的最佳机制。该算法不仅意味着同时针对上述特殊情况的所有新有效解决方案,而且还大大简化了以前已知的专为特殊情况设计的算法。受到对单个合同和合同菜单的算法设计的兴趣的启发,我们研究了一般主要的主体代理模型的这种有限的设计问题。与上述统一相反,我们的结果说明了不同主要代理设计问题之间多样性的另一个方面,并证明了它们的不同结构如何导致不同的复杂性:有些是可处理的,而另一些则是APX-HARD。最后,我们揭示了我们的模型与一般的算法属性的信息获取问题的有趣联系。
In the principal-agent problem formulated by Myerson'82, agents have private information (type) and make private decisions (action), both of which are unobservable to the principal. Myerson pointed out an elegant linear programming solution that relies on the revelation principle. This paper extends Myerson's results to a more general setting where the principal's action space can be infinite and subject to additional design constraints. Our generalized principal-agent model unifies several important design problems including contract design, information design, and Bayesian Stackelberg games, and encompasses them as special cases. We first extend the revelation principle to this general model, based on which a polynomial-time algorithm is then derived for computing the optimal mechanism for the principal. This algorithm not only implies new efficient solutions simultaneously for all the aforementioned special cases but also significantly simplifies previously known algorithms designed for special cases. Inspired by the recent interest in the algorithmic design of a single contract and menu of contracts, we study such constrained design problems to our general principal-agent model. In contrast to the above unification, our results here illustrate the other facet of diversity among different principal-agent design problems and demonstrate how their different structures can lead to different complexities: some are tractable whereas others are APX-hard. Finally, we reveal an interesting connection of our model to the problem of information acquisition for decision making and study its algorithmic properties in general.