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Concern about income inequality has become prominent in public discourse around the world. However, studies in behavioral economics and psychology have consistently shown that people prefer not equal but fair income distributions. Thus,…

General Economics · Economics 2022-09-13 Thitithep Sitthiyot , Kanyarat Holasut

The quantitative aspirations of economists and financial analysts have for many years been based on the belief that it should be possible to build models of economic systems - and financial markets in particular - that are as predictive as…

Risk Management · Quantitative Finance 2015-03-13 Andrew W. Lo , Mark T. Mueller

We study the fair allocation of indivisible items under relevance constraints, where each agent has a set of relevant items and can only receive items that are relevant to them. While the relevance constraint has been studied in recent…

Computer Science and Game Theory · Computer Science 2026-03-19 Ankang Sun , Ruijie Wang , Bo Li

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

We study the envy free pricing problem faced by a seller who wishes to maximize revenue by setting prices for bundles of items. If there is an unlimited supply of items and agents are single minded then we show that finding the revenue…

Computer Science and Game Theory · Computer Science 2016-09-08 Amos Fiat , Amiram Wingarten

In standard fair division models, we assume that all agents are selfish. However, in many scenarios, division of resources has a direct impact on the whole group or even society. Therefore, we study fair allocations of indivisible items…

Computer Science and Game Theory · Computer Science 2025-11-13 Argyris Deligkas , Eduard Eiben , Tiger-Lily Goldsmith , Dušan Knop , Šimon Schierreich

We consider a novel setting where a set of items are matched to the same set of agents repeatedly over multiple rounds. Each agent gets exactly one item per round, which brings interesting challenges to finding efficient and/or fair {\em…

Computer Science and Game Theory · Computer Science 2022-07-05 Ioannis Caragiannis , Shivika Narang

The classic house allocation problem involves assigning $m$ houses to $n$ agents based on their utility functions, ensuring each agent receives exactly one house. A key criterion in these problems is satisfying fairness constraints such as…

Computer Science and Game Theory · Computer Science 2024-08-23 Sijia Dai , Yankai Chen , Xiaowei Wu , Yicheng Xu , Yong Zhang

We explore solutions for fairly allocating indivisible items among agents assigned weights representing their entitlements. Our fairness goal is weighted-envy-freeness (WEF), where each agent deems their allocated portion relative to their…

Computer Science and Game Theory · Computer Science 2025-03-07 Noga Klein Elmalem , Haris Aziz , Rica Gonen , Xin Huang , Kei Kimura , Indrajit Saha , Erel Segal-Halevi , Zhaohong Sun , Mashbat Suzuki , Makoto Yokoo

The classic fair division problems assume the resources to be allocated are either divisible or indivisible, or contain a mixture of both, but the agents always have a predetermined and uncontroversial agreement on the (in)divisibility of…

Computer Science and Game Theory · Computer Science 2025-03-31 Xiaohui Bei , Shengxin Liu , Xinhang Lu

A set of divisible resources becomes available over a sequence of rounds and needs to be allocated immediately and irrevocably. Our goal is to distribute these resources to maximize fairness and efficiency. Achieving any non-trivial…

Computer Science and Game Theory · Computer Science 2020-09-29 Vasilis Gkatzelis , Alexandros Psomas , Xizhi Tan

We study the problem of allocating a set of indivisible items among agents whose preferences include externalities. Unlike the standard fair division model, agents may derive positive or negative utility not only from items allocated…

Computer Science and Game Theory · Computer Science 2026-01-21 Frank Connor , Max Dupré la Tour , Vishnu V. Narayan , Šimon Schierreich

The fair allocation of scarce resources is a central problem in mathematics, computer science, operations research, and economics. While much of the fair-division literature assumes that individuals have underlying cardinal preferences,…

Computer Science and Game Theory · Computer Science 2026-03-02 Trung Dang , Daniel Halpern , Anuran Makur , Alexandros Psomas , Japneet Singh , Paritosh Verma

Income and wealth allocation are foundational components of how economies operate. These are complex distributions, and it is hard to get a real sense for their dynamics using simplifications like average or median. One metric that…

General Economics · Economics 2023-04-21 Dave Costenaro

We study fair division of goods under the broad class of generalized assignment constraints. In this constraint framework, the sizes and values of the goods are agent-specific, and one needs to allocate the goods among the agents fairly…

Computer Science and Game Theory · Computer Science 2023-05-03 Siddharth Barman , Arindam Khan , Sudarshan Shyam , K. V. N. Sreenivas

We study the problem of allocating indivisible goods among agents with additive valuation functions to achieve both fairness and efficiency under the constraint that each agent receives exactly the same number of goods (the \emph{balanced…

Computer Science and Game Theory · Computer Science 2026-03-09 Yasushi Kawase , Ryoga Mahara

Fair division of indivisible goods is a central challenge in artificial intelligence. For many prominent fairness criteria including envy-freeness (EF) or proportionality (PROP), no allocations satisfying these criteria might exist. Two…

Computer Science and Game Theory · Computer Science 2022-09-09 Martin Hoefer , Marco Schmalhofer , Giovanna Varricchio

Fairness and privacy are two important concerns in social decision-making processes such as resource allocation. We study privacy in the fair allocation of indivisible resources using the well-established framework of differential privacy.…

Computer Science and Game Theory · Computer Science 2025-06-17 Pasin Manurangsi , Warut Suksompong

We study fairness in house allocation, where $m$ houses are to be allocated among $n$ agents so that every agent receives one house. We show that maximizing the number of envy-free agents is hard to approximate to within a factor of…

Computer Science and Game Theory · Computer Science 2021-07-15 Naoyuki Kamiyama , Pasin Manurangsi , Warut Suksompong

We study the problem of fairly allocating indivisible goods to groups of agents. Agents in the same group share the same set of goods even though they may have different preferences. Previous work has focused on unanimous fairness, in which…

Computer Science and Game Theory · Computer Science 2020-01-01 Erel Segal-Halevi , Warut Suksompong
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