Guarantees in Fair Division: general or monotone preferences

preprint2020arXivOpen access

Abstract

To divide a "manna" Ω of private items (commodities, workloads, land, time intervals) between n agents, the worst case measure of fairness is the welfare guaranteed to each agent, irrespective of others' preferences. If the manna is non atomic and utilities are continuous (not necessarily monotone or convex), we can guarantee the minMax utility: that of our agent's best share in her worst partition of the manna; and implement it by Kuhn's generalisation of Divide and Choose. The larger Maxmin utility -- of her worst share in her best partition -- cannot be guaranteed, even for two agents. If for all agents more manna is better than less (or less is better than more), our Bid & Choose rules implement guarantees between minMax and Maxmin by letting agents bid for the smallest (or largest) size of a share they find acceptable.

Explore this paper’s authors, topics and related work.

Building this map preview

BZPEER is loading the nearby papers, people, topics and institutions for this page.

Reviews 0

Write a reviewWrite

No reviews yet.

Discussion 0

Add a commentWrite

No comments yet.