The Landscape of Almost Equitable Allocations
Hadi Hosseini, Vishwa Prakash HV, Aditi Sethia, Jatin Yadav

TL;DR
This paper investigates the existence and computation of EQ1 allocations in fair division, providing positive results under certain valuation assumptions and proving intractability in the general case.
Contribution
It establishes the existence and polynomial-time algorithms for EQ1 allocations under specific valuation classes and resolves an open question about nonnegative valuations.
Findings
EQ1 allocations exist for two agents with general valuations under sign agreement.
Polynomial-time algorithms are provided for doubly monotone and submodular/supermodular valuations.
Existence of EQ1 allocations fails for more than two agents in general, and the problem is computationally hard.
Abstract
Equitability is a fundamental notion in fair division which requires that all agents derive equal value from their allocated bundles. We study, for general (possibly non-monotone) valuations, a popular relaxation of equitability known as equitability up to one item (EQ1). An EQ1 allocation may fail to exist even with additive non-monotone valuations; for instance, when there are two agents, one valuing every item positively and the other negatively. This motivates a mild and natural assumption: all agents agree on the sign of their value for the grand bundle. Under this assumption, we prove the existence and provide an efficient algorithm for computing EQ1 allocations for two agents with general valuations. When there are more than two agents, we show the existence and polynomial-time computability of EQ1 allocations for valuation classes beyond additivity and monotonicity, in…
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Taxonomy
TopicsGame Theory and Voting Systems · Auction Theory and Applications · Risk and Portfolio Optimization
