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Conjecture on milder incentive effects with cost–speed trade-offs

Prove or refute the conjecture that, in a model where agents can incur higher computation costs to deliver faster solutions (i.e., a cost–speed trade-off), the impact of strategic incentives on decentralization and efficiency is milder than in the fixed cost–time model analyzed in the paper.

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Background

The model in the paper assumes each agent has a fixed cost to produce a solution at a fixed time, which leads to strong impossibility results for combining decentralization and efficiency under non-revelation mechanisms.

The authors suggest exploring a richer model where agents may trade off higher costs for faster solutions and conjecture that incentives would have a milder effect in such a setting, implying potentially improved compatibility between decentralization and efficiency.

References

Our model assumes that an agent has a fixed cost that they pay to produce a solution at a fixed time; we leave it open to consider a setting where agents can incur a higher cost to provide a faster solution, but we conjecture that incentives have a milder effect in such a setting.

V3rified: Revelation vs Non-Revelation Mechanisms for Decentralized Verifiable Computation (2408.07177 - Gong et al., 13 Aug 2024) in Conclusion