Skip to main content
Top

2017 | OriginalPaper | Chapter

Approximation Algorithms for Computing Maximin Share Allocations

Authors : Georgios Amanatidis, Evangelos Markakis, Afshin Nikzad, Amin Saberi

Published in: Extended Abstracts Summer 2015

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

We study the problem of computing maximin share guarantees, a recently introduced fairness notion. Given a set of n agents and a set of goods, the maximin share of a single agent is the best that she can guarantee to herself, if she would be allowed to partition the goods in any way she prefers, into n bundles, and then receive her least desirable bundle. The objective then in our problem is to find a partition, so that each agent is guaranteed her maximin share. Our main result is a 2∕3-approximation, that runs in polynomial time for any number of agents, improving upon recent results in the literature.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
1.
go back to reference S. Bouveret and M. Lemaître, “Characterizing conflicts in fair division of indivisible goods using a scale of criteria”, International Conference on Autonomous Agents and Multi-Agent Systems, AAMAS’14 (2014), 1321–1328. S. Bouveret and M. Lemaître, “Characterizing conflicts in fair division of indivisible goods using a scale of criteria”, International Conference on Autonomous Agents and Multi-Agent Systems, AAMAS’14 (2014), 1321–1328.
2.
go back to reference S.J. Brams and A.D. Taylor, “Fair division: from cake cutting to dispute resolution”, Cambrige University press, 1996. S.J. Brams and A.D. Taylor, “Fair division: from cake cutting to dispute resolution”, Cambrige University press, 1996.
3.
go back to reference E. Budish, “The combinatorial assignment problem: approximate competitive equilibrium from equal incomes”, Journal of Political Economy 119 (6) (2011), 1061–1103. E. Budish, “The combinatorial assignment problem: approximate competitive equilibrium from equal incomes”, Journal of Political Economy 119 (6) (2011), 1061–1103.
4.
go back to reference H. Moulin, “Uniform externalities: two axioms for fair allocation”, Journal of Public Economics 43 (3) (1990), 305–326. H. Moulin, “Uniform externalities: two axioms for fair allocation”, Journal of Public Economics 43 (3) (1990), 305–326.
5.
go back to reference A.D. Procaccia and J. Wang, “Fair enough: guaranteeing approximate maximin shares”, ACM Conference on Economics and Computation, EC’14 (2014), 675–692. A.D. Procaccia and J. Wang, “Fair enough: guaranteeing approximate maximin shares”, ACM Conference on Economics and Computation, EC’14 (2014), 675–692.
6.
go back to reference J.M. Robertson and W.A. Webb, “Cake cutting algorithms: be fair if you can”, AK Peters, 1998. J.M. Robertson and W.A. Webb, “Cake cutting algorithms: be fair if you can”, AK Peters, 1998.
7.
go back to reference H. Steinhaus, “The problem of fair division”, Econometrica 16 (1948), 101–104. H. Steinhaus, “The problem of fair division”, Econometrica 16 (1948), 101–104.
Metadata
Title
Approximation Algorithms for Computing Maximin Share Allocations
Authors
Georgios Amanatidis
Evangelos Markakis
Afshin Nikzad
Amin Saberi
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-51753-7_9

Premium Partner