Concentration and maximin fair allocations for subadditive valuations
Uriel Feige, Shengyu Huang

TL;DR
This paper improves the approximation ratio for fair allocation of indivisible items with subadditive valuations, achieving a ratio of 1/(14 log n) by refining concentration bounds and analysis techniques.
Contribution
It enhances previous algorithms for maximin fair allocations by providing a tighter analysis and better approximation ratio for subadditive valuations.
Findings
Improved approximation ratio to 1/(14 log n)
Tighter concentration bounds for subadditive valuations
Median value analysis relates to expected valuation minus maximum item value
Abstract
We consider fair allocation of indivisible items to agents of equal entitlements, with submodular valuation functions. Previously, Seddighin and Seddighin [{\em Artificial Intelligence} 2024] proved the existence of allocations that offer each agent at least a fraction of her maximin share (MMS), where is some large constant (over 1000, in their work). We modify their algorithm and improve its analysis, improving the ratio to . Some of our improvement stems from tighter analysis of concentration properties for the value of any subadditive valuation function , when considering a set of items, where each item of is included in independently at random (with possibly different probabilities). In particular, we prove that up to less than the value of one item, the median value of , denoted…
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Taxonomy
TopicsEconomic theories and models
