Fair Division via Quantile Shares
Yakov Babichenko, Michal Feldman, Ron Holzman, Vishnu V., Narayan

TL;DR
This paper introduces a novel quantile-based fairness notion for indivisible goods division, linking its feasibility to the Erdős Matching Conjecture and providing unconditional results for specific valuation types.
Contribution
It proposes the $q$-quantile share concept, establishing its universal feasibility connection to a famous conjecture and offering unconditional feasibility results for certain valuation classes.
Findings
The $rac{1}{2e}$-quantile share is universally feasible if the Erdős Matching Conjecture holds.
Unconditional feasibility results are shown for additive, unit-demand, and matroid-rank valuations.
The paper discusses implications for other share notions.
Abstract
We consider the problem of fair division, where a set of indivisible goods should be distributed fairly among a set of agents with combinatorial valuations. To capture fairness, we adopt the notion of shares, where each agent is entitled to a fair share, based on some fairness criterion, and an allocation is considered fair if the value of every agent (weakly) exceeds her fair share. A share-based notion is considered universally feasible if it admits a fair allocation for every profile of monotone valuations. A major question arises: is there a non-trivial share-based notion that is universally feasible? The most well-known share-based notions, namely proportionality and maximin share, are not universally feasible, nor are any constant approximations of them. We propose a novel share notion, where an agent assesses the fairness of a bundle by comparing it to her valuation in a random…
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Taxonomy
TopicsGame Theory and Voting Systems · Economic theories and models
