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We analyze competition on nonlinear prices in homogeneous goods markets with consumer search. In equilibrium firms offer two-part tariffs consisting of a linear price and lump-sum fee. The equilibrium production is socially efficient as the…

理论经济学 · 经济学 2021-10-01 Atabek Atayev

Problem definition: A key challenge in supervised learning is data scarcity, which can cause prediction models to overfit to the training data and perform poorly out of sample. A contemporary approach to combat overfitting is offered by…

最优化与控制 · 数学 2025-10-10 Reza Belbasi , Aras Selvi , Wolfram Wiesemann

This paper studies fair division of divisible and indivisible items among agents whose cardinal preferences are not necessarily monotone. We establish the existence of fair divisions and develop approximation algorithms to compute them. We…

计算机科学与博弈论 · 计算机科学 2026-01-26 Siddharth Barman , Paritosh Verma

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 prove the existence of a competitive equilibrium in a production economy with infinitely many commodities and a measure space of agents whose preferences are price dependent. We employ a saturated measure space for the set of agents and…

理论经济学 · 经济学 2020-02-06 Hyo Seok Jang , Sangjik Lee

We initiate the study of how auction design affects the division of surplus among buyers. We propose a parsimonious measure for equity and apply it to the family of standard auctions for homogeneous goods. Our surplus-equitable mechanism is…

理论经济学 · 经济学 2024-11-14 Simon Finster , Patrick Loiseau , Simon Mauras , Mathieu Molina , Bary Pradelski

In this paper, we tackle the problem of computing a sequence of rankings with the guarantee of the Pareto-optimal balance between (1) maximizing the utility of the consumers and (2) minimizing unfairness between producers of the items. Such…

信息检索 · 计算机科学 2024-02-23 Phuong Dinh Mai , Duc-Trong Le , Tuan-Anh Hoang , Dung D. Le

In cases of uncertainty, a multi-class classifier preferably returns a set of candidate classes instead of predicting a single class label with little guarantee. More precisely, the classifier should strive for an optimal balance between…

机器学习 · 计算机科学 2020-05-28 Thomas Mortier , Marek Wydmuch , Krzysztof Dembczyński , Eyke Hüllermeier , Willem Waegeman

This paper studies preference aggregation under uncertainty in the multi-profile framework and characterizes a new class of aggregation rules that address classical concerns about Harsanyi's (1955) utilitarian rules. Our aggregation rules,…

理论经济学 · 经济学 2026-05-12 Leo Kurata , Kensei Nakamura

We establish a compatibility between fairness and efficiency, captured via Nash Social Welfare (NSW), under the broad class of subadditive valuations. We prove that, for subadditive valuations, there always exists a partial allocation that…

计算机科学与博弈论 · 计算机科学 2025-11-10 Siddharth Barman , Mashbat Suzuki

We study the online allocation of divisible items to $n$ agents with additive valuations for $p$-mean welfare maximization, a problem introduced by Barman, Khan, and Maiti~(2022). Our algorithmic and hardness results characterize the…

计算机科学与博弈论 · 计算机科学 2025-04-21 Zhiyi Huang , Chui Shan Lee , Xinkai Shu , Zhaozi Wang

We investigate the query complexity of the fair allocation of indivisible goods. For two agents with arbitrary monotonic utilities, we design an algorithm that computes an allocation satisfying envy-freeness up to one good (EF1), a…

计算机科学与博弈论 · 计算机科学 2023-03-20 Hoon Oh , Ariel D. Procaccia , Warut Suksompong

We revisit the foundations of fairness and its interplay with utility and efficiency in settings where the training data contain richer labels, such as individual types, rankings, or risk estimates, rather than just binary outcomes. In this…

机器学习 · 计算机科学 2025-05-23 Noga Amit , Omer Reingold , Guy N. Rothblum

Allocating resources to individuals in a fair manner has been a topic of interest since the ancient times, with most of the early rigorous mathematical work on the problem focusing on infinitely divisible resources. Recently, there has been…

计算机科学与博弈论 · 计算机科学 2022-03-07 Georgios Amanatidis , Georgios Birmpas , Aris Filos-Ratsikas , Alexandros A. Voudouris

We investigate the tradeoffs between fairness and efficiency when allocating indivisible items over time. Suppose T items arrive over time and must be allocated upon arrival, immediately and irrevocably, to one of n agents. Agent i assigns…

计算机科学与博弈论 · 计算机科学 2020-05-18 David Zeng , Alexandros Psomas

This study proposes a new efficiency requirement, a minimal almost weak Pareto principle, which says that x is socially better than y whenever the only one individual never prefers y to x, and all the others prefers x to y. Then, I show…

理论经济学 · 经济学 2025-01-20 Norihito Sakamoto

Information policies such as scores, ratings, and recommendations are increasingly shaping society's choices in high-stakes domains. We provide a framework to study the welfare implications of information policies on a population of…

理论经济学 · 经济学 2023-09-06 Laura Doval , Alex Smolin

Data regulations increasingly enable consumers to switch among market segments, making segmentation an endogenous outcome of strategic interaction. We study a model in which consumers choose segments before a monopolist sets…

理论经济学 · 经济学 2026-05-14 Zhonghong Kuang , Sanxi Li , Yi Liu , Yang Yu

We study the problem of maximizing Nash welfare (MNW) while allocating indivisible goods to asymmetric agents. The Nash welfare of an allocation is the weighted geometric mean of agents' utilities, and the allocation with maximum Nash…

计算机科学与博弈论 · 计算机科学 2022-05-02 Jugal Garg , Edin Husić , Aniket Murhekar , László Végh

Less-salient taxes can ease the classic equality-efficiency trade-off by making people respond less to taxation. But deliberately obscuring taxes may be viewed as dishonest. This creates a three-way trade-off between equality, efficiency,…

理论经济学 · 经济学 2026-05-29 Ashley Craig , Itai Sher