Improved Bayes Risk Can Yield Reduced Social Welfare Under Competition.

Meena Jagadeesan Michael I. Jordan Jacob Steinhardt Nika Haghtalab

Published in: CoRR (2023)

Keyphrases

bayes risk
social welfare
utility function
loss function
upper and lower bounds
resource allocation
reproducing kernel hilbert space
vector quantizer
pareto optimal
mechanism design
upper bound
vector quantization
incomplete information
combinatorial auctions
distortion measure