English

Fair Allocation with Money: What is Your Objective?

Computer Science and Game Theory 2025-06-24 v1 Theoretical Economics

Abstract

When allocating indivisible items, there are various ways to use monetary transfers for eliminating envy. Particularly, one can apply a balanced vector of transfer payments, or charge each agent a positive amount, or -- contrarily -- give each agent a positive amount as a ``subsidy''. In each model, one can aim to minimize the amount of payments used; this aim translates into different optimization objectives in each setting. This note compares the various models, and the relations between upper and lower bounds for these objectives.

Keywords

Cite

@article{arxiv.2506.18794,
  title  = {Fair Allocation with Money: What is Your Objective?},
  author = {Noga Klein Elmalem and Rica Gonen and Erel Segal-Halevi},
  journal= {arXiv preprint arXiv:2506.18794},
  year   = {2025}
}

Comments

First draft

R2 v1 2026-07-01T03:29:45.544Z