2011
DOI: 10.1007/s00224-011-9359-y
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The Efficiency of Fair Division

Abstract: Abstract. We study the impact of fairness on the efficiency of allocations. We consider three different notions of fairness, namely proportionality, envy-freeness, and equitability for allocations of divisible and indivisible goods and chores. We present a series of results on the price of fairness under the three different notions that quantify the efficiency loss in fair allocations compared to optimal ones. Most of our bounds are either exact or tight within constant factors. Our study is of an optimistic n… Show more

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Cited by 133 publications
(158 citation statements)
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“…Caragiannis et al defined an essentially identical concept in parallel [12]. We adopt that notion here.…”
Section: The Price Of Fairnessmentioning
confidence: 99%
“…Caragiannis et al defined an essentially identical concept in parallel [12]. We adopt that notion here.…”
Section: The Price Of Fairnessmentioning
confidence: 99%
“…For the upper bound on the utilitarian price of proportionality, we can cite the proof by Caragiannis et al [6], as it also applies to connected chores. Proof.…”
Section: The Price Of Proportionalitymentioning
confidence: 99%
“…Let C* denote the most efficient allocation for I from the subset of allocations satisfying a fairness criterion ψ ∈ {proportionality, equitability, envy-freeness} (Note 6). Then (following Caragiannis et al, 2012) the price of ψ is defined by the ratio i∈M j∈N u i j z * i j i∈M j∈N u i j c * i j .…”
Section: Definitions Terminology and Notationsmentioning
confidence: 99%
“…Caragiannis et al (2012) define the prices of proportionality, envy-freeness, and equitability, and places bounds on this price. Aumann and Dombb (2011) extend this result to the case where distributions of the cake must be contiguous.…”
Section: Literature Reviewmentioning
confidence: 99%
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