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We show that every universally truthful randomized mechanism for combinatorial auctions with submodular valuations that provides $m^{\frac 1 2 -\epsilon}$ approximation to the social welfare and uses value queries only must use…

Computer Science and Game Theory · Computer Science 2015-03-17 Shahar Dobzinski

We study online combinatorial allocation problems in the secretary setting, under interdependent values. In the interdependent model, introduced by Milgrom and Weber (1982), each agent possesses a private signal that captures her…

Computer Science and Game Theory · Computer Science 2025-08-01 Michal Feldman , Simon Mauras , Divyarthi Mohan , Rebecca Reiffenhäuser

Multivariate data occurs in a wide range of fields, with ever more flexible model specifications being proposed, often within a multivariate generalised linear mixed effects (MGLME) framework. In this article, we describe an extended…

Methodology · Statistics 2017-10-09 Michael J. Crowther

We revisit the setting of fairly allocating indivisible items when agents have different weights representing their entitlements. First, we propose a parameterized family of relaxations for weighted envy-freeness and the same for weighted…

Computer Science and Game Theory · Computer Science 2024-09-10 Mithun Chakraborty , Erel Segal-Halevi , Warut Suksompong

We study the problem of fairly allocating a multiset $M$ of $m$ indivisible items among $n$ agents with additive valuations. Specifically, we introduce a parameter $t$ for the number of distinct types of items and study fair allocations of…

Computer Science and Game Theory · Computer Science 2023-03-30 Pranay Gorantla , Kunal Marwaha , Santhoshini Velusamy

Generalization methods offer a powerful solution to one of the key drawbacks of randomized controlled trials (RCTs): their limited representativeness. By enabling the transport of treatment effect estimates to target populations subject to…

Methodology · Statistics 2025-05-20 Ahmed Boughdiri , Clément Berenfeld , Julie Josse , Erwan Scornet

We consider a simple theoretical model to investigate the impact of inheritances on the wealth distribution. Wealth is described as a finite resource, which remains constant over different generations and is divided equally among offspring.…

Physics and Society · Physics 2021-11-17 Pedro Patrício , Nuno A. M. Araújo

We study the problem of allocating indivisible goods among strategic agents. We focus on settings wherein monetary transfers are not available and each agent's private valuation is a submodular function with binary marginals, i.e., the…

Computer Science and Game Theory · Computer Science 2021-09-14 Siddharth Barman , Paritosh Verma

In the allocation of resources to a set of agents, how do fairness guarantees impact the social welfare? A quantitative measure of this impact is the price of fairness, which measures the worst-case loss of social welfare due to fairness…

Computer Science and Game Theory · Computer Science 2020-11-03 Siddharth Barman , Umang Bhaskar , Nisarg Shah

We study the problem of selling $n$ heterogeneous items to a single buyer, whose values for different items are dependent. Under arbitrary dependence, Hart and Nisan show that no simple mechanism can achieve a non-negligible fraction of the…

Computer Science and Game Theory · Computer Science 2021-06-28 Yang Cai , Argyris Oikonomou

We consider the problem of optimal investment with random endowment in a Black--Scholes market for an agent with constant relative risk aversion. Using duality arguments, we derive an explicit expression for the optimal trading strategy,…

Portfolio Management · Quantitative Finance 2025-06-26 Michael Donisch , Christoph Knochenhauer

In this communication, some economic models given by functional mappings are addressed. These are models for random markets where agents trade by pairs and exchange their money in a random and conservative way. They display the exponential…

Trading and Market Microstructure · Quantitative Finance 2014-07-25 Ricardo Lopez-Ruiz , Elyas Shivanian , Jose-Luis Lopez

We propose a deep neural network-based solution to the problem of allocating indivisible goods under additive subjective valuations without monetary transfers, trading off economic efficiency with envy-based fairness. We introduce…

Computer Science and Game Theory · Computer Science 2026-02-02 Chris Mascioli , Satyam Goyal , Mithun Chakraborty

A generalized continuous economic model is proposed for random markets. In this model, agents interact by pairs and exchange their money in a random way. A parameter controls the effectiveness of the transactions between the agents. We show…

General Finance · Quantitative Finance 2011-05-11 R. Lopez-Ruiz , E. Shivanian , S. Abbasbandy , J. L. Lopez

Cooperation underlies many aspects of the evolution of human and animal societies, where cooperators produce social goods to benefit others. Explaining the emergence of cooperation among selfish individuals has become a major research…

Physics and Society · Physics 2025-03-10 Yao Meng , Sean P. Cornelius , Yang-Yu Liu , Aming Li

The existence of EFX allocations is a fundamental open problem in discrete fair division. Given a set of agents and indivisible goods, the goal is to determine the existence of an allocation where no agent envies another following the…

Computer Science and Game Theory · Computer Science 2022-12-26 Hannaneh Akrami , Noga Alon , Bhaskar Ray Chaudhury , Jugal Garg , Kurt Mehlhorn , Ruta Mehta

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?…

Computer Science and Game Theory · Computer Science 2023-02-15 Jonathan Scarlett , Nicholas Teh , Yair Zick

We study multi-agent contract design, where a principal incentivizes a team of agents to take costly actions that jointly determine the project success via a combinatorial reward function. While prior work largely focuses on unconstrained…

Computer Science and Game Theory · Computer Science 2026-03-10 Michal Feldman , Yoav Gal-Tzur , Tomasz Ponitka , Maya Schlesinger

We introduce and analyze new envy-based fairness concepts for agents with weights that quantify their entitlements in the allocation of indivisible items. We propose two variants of weighted envy-freeness up to one item (WEF1): strong,…

Artificial Intelligence · Computer Science 2021-08-18 Mithun Chakraborty , Ayumi Igarashi , Warut Suksompong , Yair Zick

A number of goods are called identical if they provide the same level of utility to each agent. In various real-world instances of fair division scenarios, identical indivisible items are allocated to consumers and demandants with different…

Optimization and Control · Mathematics 2026-05-28 Manouchehr Zaker