Keep Everyone Happy: Online Fair Division of Numerous Items with Few Copies
Arun Verma, Indrajit Saha, Makoto Yokoo, Bryan Kian Hsiang Low

TL;DR
This paper introduces algorithms for online fair division with many items and few copies, modeling utility as a feature-based unknown function, and demonstrates their effectiveness through experiments.
Contribution
It proposes a novel contextual bandit approach for online fair division with limited item copies, addressing utility estimation challenges.
Findings
Algorithms achieve sub-linear regret guarantees.
Experimental results validate algorithm effectiveness.
Addresses utility estimation with feature-based modeling.
Abstract
This paper considers a novel variant of the online fair division problem involving multiple agents in which a learner sequentially observes an indivisible item that has to be irrevocably allocated to one of the agents while satisfying a fairness and efficiency constraint. Existing algorithms assume a small number of items with a sufficiently large number of copies, which ensures a good utility estimation for all item-agent pairs from noisy bandit feedback. However, this assumption may not hold in many real-life applications, for example, an online platform that has a large number of users (items) who use the platform's service providers (agents) only a few times (a few copies of items), which makes it difficult to accurately estimate utilities for all item-agent pairs. To address this, we assume utility is an unknown function of item-agent features. We then propose algorithms that model…
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Taxonomy
TopicsAuction Theory and Applications · Blockchain Technology Applications and Security · Advanced Bandit Algorithms Research
Methodstravel james
