We give exponential lower bounds on the Price of Stability (PoS) of weighted congestion games with polynomial cost functions. In particular, for any positive integer d we construct rather simple games with cost functions of degree at most d which have a PoS of at least (Φd)ᵈ⁺¹, where Φd~ d/ln d is the unique positive root of the equation xᵈ⁺¹=(x+1)ᵈ. This almost closes the huge gap between (d) and Φdᵈ⁺¹. Our bound extends also to network congestion games. We further show that the PoS remains exponential even for singleton games. More generally, we provide a lower bound of ((1+1/α)ᵈ/d) on the PoS of α-approximate Nash equilibria for singleton games. All our lower bounds hold for mixed and correlated equilibria as well. On the positive side, we give a general upper bound on the PoS of α-approximate Nash equilibria, which is sensitive to the range W of the player weights and the approximation parameter α. We do this by explicitly constructing a novel approximate potential function, based on Faulhaber's formula, that generalizes Rosenthal's potential in a continuous, analytic way. From the general theorem, we deduce two interesting corollaries. First, we derive the existence of an approximate pure Nash equilibrium with PoS at most $(d+3)/2$; the equilibrium's approximation parameter ranges from (1) to $d+1$ in a smooth way with respect to W. Second, we show that for unweighted congestion games, the PoS of α-approximate Nash equilibria is at most (d+1)/α.
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Christodoulou et al. (2019) studied this question.
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