Related papers: Envy-Free Pricing in Large Markets: Approximating …
We study the allocation of indivisible goods among groups of agents using well-known fairness notions such as envy-freeness and proportionality. While these notions cannot always be satisfied, we provide several bounds on the optimal…
We investigate the efficiency of fair allocations of indivisible goods using the well-studied price of fairness concept. Previous work has focused on classical fairness notions such as envy-freeness, proportionality, and equitability.…
Neural networks have shown state-of-the-art performance in designing auctions, where the network learns the optimal allocations and payment rule to ensure desirable properties. Motivated by the same, we focus on learning fair division of…
We consider the problem of assigning agents to programs in the presence of two-sided preferences, commonly known as the Hospital Residents problem. In the standard setting each program has a rigid upper-quota which cannot be violated.…
Envy-freeness is a standard benchmark of fairness in resource allocation. Since it cannot always be satisfied when the resource consists of indivisible items even when there are two agents, the relaxations envy-freeness up to one item (EF1)…
We study the problem of allocating indivisible goods among agents in a fair manner. While envy-free allocations of indivisible goods are not guaranteed to exist, envy-freeness can be achieved by additionally providing some subsidy to the…
Inspired by Internet ad auction applications, we study the problem of allocating a single item via an auction when bidders place very different values on the item. We formulate this as the problem of prior-free auction and focus on…
Internet ad auctions have evolved from a few lines of text to richer informational layouts that include images, sitelinks, videos, etc. Ads in these new formats occupy varying amounts of space, and an advertiser can provide multiple…
We study the fair division of a collection of $m$ indivisible goods amongst a set of $n$ agents. Whilst envy-free allocations typically do not exist in the indivisible goods setting, envy-freeness can be achieved if some amount of a…
We consider a one-sided matching problem where agents who are partitioned into disjoint classes and each class must receive fair treatment in a desired matching. This model, proposed by Benabbou et al. [2019], aims to address various…
In various markets where sellers compete in price, price oscillations are observed rather than convergence to equilibrium. Such fluctuations have been empirically observed in the retail market for gasoline, in airline pricing and in the…
In fair division problems, we are given a set $S$ of $m$ items and a set $N$ of $n$ agents with individual preferences, and the goal is to find an allocation of items among agents so that each agent finds the allocation fair. There are…
We study revenue maximization in settings where agents' values are interdependent: each agent receives a signal drawn from a correlated distribution and agents' values are functions of all of the signals. We introduce a variant of the…
The intuition that profit is optimized by maximizing marginal revenue is a guiding principle in microeconomics. In the classical auction theory for agents with linear utility and single-dimensional preferences, Bulow and Roberts (1989) show…
We study fair allocation of constrained resources, where a market designer optimizes overall welfare while maintaining group fairness. In many large-scale settings, utilities are not known in advance, but are instead observed after…
Most work in mechanism design assumes that buyers are risk neutral; some considers risk aversion arising due to a non-linear utility for money. Yet behavioral studies have established that real agents exhibit risk attitudes which cannot be…
We study the problem of selling $n$ items to a single buyer with an additive valuation function. We consider the valuation of the items to be correlated, i.e., desirabilities of the buyer for the items are not drawn independently. Ideally,…
Fair allocation of indivisible goods is a well-explored problem. Traditionally, research focused on individual fairness - are individual agents satisfied with their allotted share? - and group fairness - are groups of agents treated fairly?…
In this article we propose a probabilistic framework in order to study the fair division of a divisible good, e.g., a cake, between n players. Our framework follows the same idea than the ''Full independence model'' used in the study of…
We study the fair allocation of indivisible resources among agents. Most prior work focuses on fairness and/or efficiency among agents. However, the allocator, as the resource owner, may also be involved in many scenarios (e.g., government…