About: Equitability

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Equitability is a criterion for fair division. A division is called equitable if the subjective value of all partners is the same, i.e., each partner is equally happy with his/her share. Mathematically, that means that for all partners i and j: Where: * is the part of the resource allocated to partner i; * is the value function of partner i. Usually these functions are normalized such that and for every i.

Property	Value
dbo:abstract	Equitability is a criterion for fair division. A division is called equitable if the subjective value of all partners is the same, i.e., each partner is equally happy with his/her share. Mathematically, that means that for all partners i and j: Where: * is the part of the resource allocated to partner i; * is the value function of partner i. Usually these functions are normalized such that and for every i. (en)
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rdfs:comment	Equitability is a criterion for fair division. A division is called equitable if the subjective value of all partners is the same, i.e., each partner is equally happy with his/her share. Mathematically, that means that for all partners i and j: Where: * is the part of the resource allocated to partner i; * is the value function of partner i. Usually these functions are normalized such that and for every i. (en)
rdfs:label	Equitability (en)
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