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Fair Division of Indivisible Goods Among Strategic Agents

Published: 08 May 2019 Publication History

Abstract

We study fair division of indivisible goods among strategic agents in a single-parameter environment. This work specifically considers fairness in terms of envy freeness up to one good (EF1) and maximin share guarantee (MMS). We show that (in a single-parameter environment) the problem of maximizing welfare, subject to the constraint that the allocation of the indivisible goods is EF1, admits a polynomial-time, 1/2-approximate, truthful auction. Under MMS setup, we develop a truthful auction which efficiently finds an allocation wherein each agent gets a bundle of value at least (1/2 - ε) times her maximin share and the welfare of the computed allocation is at least the optimal, here ε >0 is a fixed constant. Our results for EF1 and MMS are based on establishing interesting majorization inequalities.

References

[1]
Siddharth Barman, Ganesh Ghalme, Shweta Jain, Pooja Kulkarni, and Shivika Narang. 2019. Fair Division of Indivisible Goods Among Strategic Agents. arXiv preprint arXiv:1901.09427 (2019).
[2]
Siddharth Barman, Sanath Kumar Krishnamurthy, and Rohit Vaish. 2018. Greedy Algorithms for Maximizing Nash Social Welfare. In Proceedings of the 17th International Conference on Autonomous Agents and MultiAgent Systems (AAMAS'18). ACM, 7--13.
[3]
Eric Budish. 2011. The Combinatorial Assignment Problem: Approximate Competitive Equilibrium from Equal Incomes. Journal of Political Economy, Vol. 119, 6 (2011), 1061--1103.
[4]
Ioannis Caragiannis, David Kurokawa, Hervé Moulin, Ariel D. Procaccia, Nisarg Shah, and Junxing Wang. 2016. The Unreasonable Fairness of Maximum Nash Welfare. Proceedings of the 2016 ACM Conference on Economics and Computation (EC '16). ACM, 305--322.
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Richard Cole and Vasilis Gkatzelis. 2015. Approximating the Nash Social Welfare with Indivisible Items. In Proceedings of the Forty-seventh Annual ACM Symposium on Theory of Computing (STOC '15). ACM, 371--380.
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Mohammad Ghodsi, MohammadTaghi Hajiaghayi, Masoud Seddighin, Saeed Seddighin, and Hadi Yami. 2018. Fair Allocation of Indivisible Goods: Improvement and Generalization. In Proceedings of the 2018 ACM Conference on Economics and Computation (EC'18). ACM, 539--556.
[7]
Jonathan Goldman and Ariel D Procaccia. 2015. Spliddit: Unleashing Fair Division Algorithms. ACM SIGecom Exchanges, Vol. 13, 2 (2015), 41--46.
[8]
Richard J Lipton, Evangelos Markakis, Elchanan Mossel, and Amin Saberi. 2004. On Approximately Fair Allocations of Indivisible Goods. In Proceedings of the 5th ACM conference on Electronic Commerce (EC'04). 125--131.
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Roger B. Myerson. 1981. Optimal Auction Design. Math. Oper. Res., Vol. 6, 1 (Feb. 1981), 58--73.
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Abraham Othman, Tuomas Sandholm, and Eric Budish. 2010. Finding Approximate Competitive Equilibria: Efficient and Fair Course Allocation. In Proceedings of the 9th International Conference on Autonomous Agents and Multiagent Systems (AAMAS'10). 873--880.
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Ariel D. Procaccia and Junxing Wang. 2014. Fair Enough: Guaranteeing Approximate Maximin Shares. In Proceedings of the Fifteenth ACM Conference on Economics and Computation (EC '14). ACM, 675--692.

Cited By

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  • (2021)Finding Fair and Efficient Allocations for Matroid Rank ValuationsACM Transactions on Economics and Computation10.1145/34850069:4(1-41)Online publication date: 16-Oct-2021

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Published In

cover image ACM Conferences
AAMAS '19: Proceedings of the 18th International Conference on Autonomous Agents and MultiAgent Systems
May 2019
2518 pages
ISBN:9781450363099

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Publisher

International Foundation for Autonomous Agents and Multiagent Systems

Richland, SC

Publication History

Published: 08 May 2019

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Author Tags

  1. approximation algorithms
  2. auctions
  3. fair division
  4. social welfare

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  • Research-article

Funding Sources

  • Ramanujan Fellowship
  • Pratiksha Trust

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AAMAS '19
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AAMAS '19 Paper Acceptance Rate 193 of 793 submissions, 24%;
Overall Acceptance Rate 1,155 of 5,036 submissions, 23%

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View all
  • (2021)Finding Fair and Efficient Allocations for Matroid Rank ValuationsACM Transactions on Economics and Computation10.1145/34850069:4(1-41)Online publication date: 16-Oct-2021

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