Showing 1 - 10 of 323
Many procedures have been suggested for the venerable problem of dividing a set of indivisible items between two players. We propose a new algorithm (AL), related to one proposed by Brams and Taylor (BT), which requires only that the players strictly rank items from best to worst. Unlike BT, in...
Persistent link: https://www.econbiz.de/10013081091
Persistent link: https://www.econbiz.de/10009625221
Persistent link: https://www.econbiz.de/10011646571
Persistent link: https://www.econbiz.de/10013173208
We analyze a simple sequential algorithm (SA) for allocating indivisible items that are strictly ranked by n ≥ 2 players. It yields at least one Pareto-optimal allocation which, when n = 2, is envy-free unless no envy-free allocation exists. However, an SA allocation may not be maximin or...
Persistent link: https://www.econbiz.de/10014036936
An allocation of indivisible items among n ≥ 2 players is proportional if and only if each player receives a proportional subset — one that it thinks is worth at least 1/n of the total value of all the items. We show that a proportional allocation exists if and only if there is an allocation...
Persistent link: https://www.econbiz.de/10014037152
We propose a procedure for dividing indivisible items between two players in which each player ranks the items from best to worst. It ensures that each player receives a subset of items that it values more than the other player's complementary subset, given that such an envy-free division is...
Persistent link: https://www.econbiz.de/10014046962
A cake is a metaphor for a heterogeneous, divisible good, such as land. A perfect division of cake is efficient (also called Pareto-optimal), envy-free, and equitable. We give an example of a cake in which it is impossible to divide it among three players such that these three properties are...
Persistent link: https://www.econbiz.de/10014042381
We analyze a class of proportional cake-cutting algorithms that use a minimal number of cuts (n-1 if there are n players) to divide a cake that the players value along one dimension. While these algorithms may not produce an envy-free or efficient allocation – as these terms are used in the...
Persistent link: https://www.econbiz.de/10014045264
Assume two players, A and B, must divide a set of indivisible items that each strictly ranks from best to worst. If the number of items is even, assume that the players desire that the allocations be balanced (each player gets half the items), item-wise envy-free (EF), and Pareto-optimal (PO)....
Persistent link: https://www.econbiz.de/10013237412