2022
DOI: 10.1287/opre.2022.2279
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Efficient Fair Division with Minimal Sharing

Abstract: When assets are to be divided among several partners, for example, a partnership split, fair division theory can be used to determine a fair allocation. The applicability of existing approaches is limited as they either treat assets as divisible resources that end up being shared among participants or deal with indivisible objects providing only approximate fairness. In practice, sharing is often possible but undesirable, and approximate fairness is not adequate, particularly for highly valuable assets. In “Ef… Show more

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Cited by 5 publications
(6 citation statements)
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“…To this end, we make resources shareable (in our basic model by two agents). This approach is in line with a series of recent works which try to reduce envy (i) by introducing small amounts of money (Brustle et al, 2020;Halpern & Shah, 2019;Caragiannis & Ioannidis, 2022), (ii) by donating a small set of resources to charity Chaudhury et al, 2021), or (iii) by allowing dividing a small number of indivisible resources (Sandomirskiy & Segal-Halevi, 2022;Segal-Halevi, 2019). In particular, the papers mentioned in point (iii) consider a model of indivisible resources that could be shared by an arbitrary group of agents and where, unlike in our study, each agent only gets a portion of the utility of the shared resources.…”
Section: Related Worksupporting
confidence: 68%
“…To this end, we make resources shareable (in our basic model by two agents). This approach is in line with a series of recent works which try to reduce envy (i) by introducing small amounts of money (Brustle et al, 2020;Halpern & Shah, 2019;Caragiannis & Ioannidis, 2022), (ii) by donating a small set of resources to charity Chaudhury et al, 2021), or (iii) by allowing dividing a small number of indivisible resources (Sandomirskiy & Segal-Halevi, 2022;Segal-Halevi, 2019). In particular, the papers mentioned in point (iii) consider a model of indivisible resources that could be shared by an arbitrary group of agents and where, unlike in our study, each agent only gets a portion of the utility of the shared resources.…”
Section: Related Worksupporting
confidence: 68%
“…4 The procedure is suggested for resolving divorce settlements and international border disputes with one of its advantages being the fact that it always splits at most one item. Sandomirskiy and Segal-Halevi [43] investigate the problem of attaining fairness while minimizing the number of shared items and give algorithms and hardness results for several variants of the problem. As in our work, both the adjusted winner procedure and the work of Sandomirskiy and Segal-Halevi [43] assume that items are homogeneous and, as in Section 2, that the agents' utilities are linear in the fraction of each item and additively separable across items.…”
Section: Related Workmentioning
confidence: 99%
“…Sandomirskiy and Segal-Halevi [43] investigate the problem of attaining fairness while minimizing the number of shared items and give algorithms and hardness results for several variants of the problem. As in our work, both the adjusted winner procedure and the work of Sandomirskiy and Segal-Halevi [43] assume that items are homogeneous and, as in Section 2, that the agents' utilities are linear in the fraction of each item and additively separable across items. Moreover, both of them require the assumption that all items can be shared; if some items are indivisible, then an envy-free or equitable allocation cannot necessarily be obtained.…”
Section: Related Workmentioning
confidence: 99%
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“…For instance, the adjusted-winner (AW) procedure ensures that at most one good must be split in a fair and (economically) e cient division between two agents [55]. Focus has also been given to obtain a fair and e cient division with minimum number of objects shared between two or more agents [126,141]. All of the works discussed in this paragraph implicitly assumed that the indivisible items are homogeneous.…”
Section: Indivisible Resource Allocationmentioning
confidence: 99%