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Fair division has emerged as a very hot topic in EconCS research, and envy-freeness is among the most compelling fairness concepts. An allocation of indivisible items to agents is envy-free if no agent prefers the bundle of any other agent to his own in terms of value. As envy-freeness is rarely a feasible goal, there is a recent focus on relaxations of its definition. An approach in this direction is to complement allocations with payments (or subsidies) to the agents. A feasible goal then is to achieve envy-freeness in terms of the total value an agent gets from the allocation and the subsidies. We consider the natural optimization problem of computing allocations that are envy-freeable using the minimum amount of subsidies. As the problem is NP-hard, we focus on the design of approximation algorithms. On the positive side, we present an algorithm which, for a constant number of agents, approximates the minimum amount of subsidies within any required accuracy, at the expense of a graceful increase in the running time. On the negative side, we show that, for a superconstant number of agents, the problem of minimizing subsidies for envy-freeness is not only hard to compute exactly (as a folklore argument shows) but also, more importantly, hard to approximate.
Original language | English |
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Title of host publication | Web and Internet Economics : 17th International Conference, WINE 2022 |
Editors | Michal Feldman, Hu Fu, Inbal Talgam-Cohen |
Number of pages | 18 |
Place of publication | Cham |
Publisher | Springer |
Publication year | 2022 |
Pages | 522-539 |
ISBN (print) | 9783030946753 |
DOIs | |
Publication status | Published - 2022 |
Event | 17th International Conference on Web and Internet Economics, WINE 2021 - Virtual, Online Duration: 14 Dec 2021 → 17 Dec 2021 |
Conference | 17th International Conference on Web and Internet Economics, WINE 2021 |
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By | Virtual, Online |
Periode | 14/12/2021 → 17/12/2021 |
Series | Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) |
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Volume | 13112 LNCS |
ISSN | 0302-9743 |
Publisher Copyright:
© 2022, Springer Nature Switzerland AG.
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