Optimal Rank Lotteries for Truthful Unit-Interval Covering
Alexandros A. Voudouris
Abstract
In truthful interval covering, each agent has a private interval of unit length, and the goal is to decide where to place a public unit interval so as to minimize the total uncovered length while incentivizing the agents to be truthful. Previous work proposed a universally strategyproof lottery over order-statistic mechanisms with approximation ratio at most 5/3, and established a lower bound of 3/2-o(1) for this class of mechanisms. We close this gap by characterizing the approximation ratio of every report-independent lottery over order-statistics. In particular, we show that, for every n2, the optimal approximation ratio for this class is 32-12 n/2. Beyond rank lotteries, we show that every universally strategyproof randomized mechanism has approximation ratio at least 9/8.
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