Fair-Share Allocations for Agents with Arbitrary Entitlements
Moshe Babaioff, Tomer Ezra, Uriel Feige

TL;DR
This paper introduces the AnyPrice share (APS), a new fairness measure for allocating indivisible goods among agents with arbitrary entitlements, and provides a polynomial-time algorithm guaranteeing each agent a 3/5 fraction of her APS.
Contribution
The paper proposes the APS as a novel fairness concept for unequal entitlements and offers the first polynomial-time algorithm achieving a 3/5 approximation of APS for additive valuations.
Findings
APS is always at least as large as MMS, often strictly larger.
A polynomial-time algorithm guarantees each agent at least 3/5 of her APS.
The algorithm also corresponds to strategies in a bidding game ensuring the same fairness guarantee.
Abstract
We consider the problem of fair allocation of indivisible goods to agents, with no transfers. When agents have equal entitlements, the well established notion of the maximin share (MMS) serves as an attractive fairness criterion, where to qualify as fair, an allocation needs to give every agent at least a substantial fraction of her MMS. In this paper we consider the case of arbitrary (unequal) entitlements. We explain shortcomings in previous attempts that extend the MMS to unequal entitlements. Our conceptual contribution is the introduction of a new notion of a share, the AnyPrice share (APS), that is appropriate for settings with arbitrary entitlements. Even for the equal entitlements case, this notion is new, and satisfies , where the inequality is sometimes strict. We present two equivalent definitions for the APS (one as a minimization problem, the other as a…
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Taxonomy
TopicsGame Theory and Voting Systems · Auction Theory and Applications · Experimental Behavioral Economics Studies
