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Related papers: Strict Comparisons of Infinite Utility Streams

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An experimenter seeks to learn a subject's preference relation. The experimenter produces pairs of alternatives. For each pair, the subject is asked to choose. We argue that, in general, large but finite data do not give close…

Theoretical Economics · Economics 2018-08-01 Christopher P. Chambers , Federico Echenique , Nicolas S. Lambert

Deploying machine learning (ML) models often requires both fairness and privacy guarantees. Both of these objectives present unique trade-offs with the utility (e.g., accuracy) of the model. However, the mutual interactions between…

Machine Learning · Computer Science 2023-02-21 Mohammad Yaghini , Patty Liu , Franziska Boenisch , Nicolas Papernot

We consider fair allocation of indivisible items under additive utilities. When the utilities can be negative, the existence and complexity of an allocation that satisfies Pareto optimality and proportionality up to one item (PROP1) is an…

Computer Science and Game Theory · Computer Science 2020-06-30 Haris Aziz , Herve Moulin , Fedor Sandomirskiy

One of the most fundamental tasks in data science is to assist a user with unknown preferences in finding high-utility tuples within a large database. To accurately elicit the unknown user preferences, a widely-adopted way is by asking the…

Databases · Computer Science 2023-07-07 Guangyi Zhang , Nikolaj Tatti , Aristides Gionis

In the context of aggregating von Neumann-Morgenstern utilities, we show that bounded violations of the Pareto conditions characterize aggregation rules that are approximately utilitarian. When a single utility function is intended to…

Theoretical Economics · Economics 2026-05-18 Leandro Nascimento

We advance a general theory of coherent preference that surrenders restrictions embodied in orthodox doctrine. This theory enjoys the property that any preference system admits extension to a complete system of preferences, provided it…

Probability · Mathematics 2025-08-04 Arthur Paul Pedersen , Samuel Allen Alexander

Nontransitive choices have long been an area of curiosity within economics. However, determining whether nontransitive choices represent an individual's preference is a difficult task since choice data is inherently stochastic. This paper…

Theoretical Economics · Economics 2023-05-01 Mogens Fosgerau , John Rehbeck

In financial markets valuable information is rarely circulated homogeneously, because of time required for information to spread. However, advances in communication technology means that the 'lifetime' of important information is typically…

Pricing of Securities · Quantitative Finance 2011-08-05 Dorje C. Brody , Yan Tai Law

When allocating indivisible objects via lottery, planners often use ordinal mechanisms, which elicit agents' rankings of objects rather than their full preferences over lotteries. In such an ordinal informational environment, planners…

Theoretical Economics · Economics 2025-08-21 Eun Jeong Heo , Vikram Manjunath , Samson Alva

We study the nature (i.e., constructive as opposed to non-constructive) of social welfare orders on infinite utility streams, and their representability by means of real-valued functions. We assume finite anonymity and introduce a new…

Theoretical Economics · Economics 2021-01-28 Ram Sewak Dubey , Giorgio Laguzzi , Francesco Ruscitti

In the theory of social choice the research is focused around the projection of individual preference orders to the social preference order. Also, the justification of the preference order formalism begins with the concept of utility i.e.…

Computer Science and Game Theory · Computer Science 2010-10-27 Redjan F. Shabani

We consider a setting in which a group of agents share resources that must be allocated among them in each discrete time period. Agents have time-varying demands and derive constant marginal utility from each unit of resource received up to…

Computer Science and Game Theory · Computer Science 2026-01-27 Seyed Majid Zahedi , Rupert Freeman

This paper studies how utility graphs decomposition algorithms can be used to effectively search for Pareto-efficient outcomes in complex automated negotiation. We propose a number of algorithms that can efficiently handle high-dimensional…

Multiagent Systems · Computer Science 2025-10-10 Valentin Robu , Mark Klein

Rankings on online platforms help their end-users find the relevant information -- people, news, media, and products -- quickly. Fair ranking tasks, which ask to rank a set of items to maximize utility subject to satisfying group-fairness…

Computers and Society · Computer Science 2023-06-22 Sruthi Gorantla , Anay Mehrotra , Amit Deshpande , Anand Louis

Since Choo and Siow (2006), a burgeoning literature has analyzed matching markets when utility is perfectly transferable and the joint surplus is separable. We take stock of recent methodological developments in this area. Combining…

Econometrics · Economics 2026-04-20 Pierre-Andre Chiappori , Dam Linh Nguyen , Bernard Salanie

We study the problem of allocating $m$ indivisible items to $n$ agents with additive utilities. It is desirable for the allocation to be both fair and efficient, which we formalize through the notions of envy-freeness and Pareto-optimality.…

Computer Science and Game Theory · Computer Science 2024-05-08 Yushi Bai , Paul Gölz

We study correlations in temporal networks and introduce the notion of betweenness preference. It allows to quantify to what extent paths, existing in time-aggregated representations of temporal networks, are actually realizable based on…

Physics and Society · Physics 2015-03-20 René Pfitzner , Ingo Scholtes , Antonios Garas , Claudio J. Tessone , Frank Schweitzer

It is often argued that an agent making decisions on behalf of two or more principals who have different utility functions should adopt a {\em Pareto-optimal} policy, i.e., a policy that cannot be improved upon for one agent without making…

Artificial Intelligence · Computer Science 2017-11-02 Andrew Critch , Stuart Russell

I present a novel mathematical technique for dealing with the infinities arising from divergent sums and integrals. It assigns them fine-grained infinite values from the set of hyperreal numbers in a manner that refines the standard…

General Mathematics · Mathematics 2025-10-28 Toby Ord

Optimization problems have been the subject of statistical physics approximations. A specially relevant and general scenario is provided by optimization methods considering tradeoffs between cost and efficiency, where optimal solutions…

Statistical Mechanics · Physics 2015-09-16 Luís F. Seoane , Ricard V. Solé