Novel cake-cutting and envy-free share notions for divisible goods are simultaneously achievable only up to a tight Θ(√n) approximation in the worst case.
Fair Allocation of goods and chores -- Tutorial and Survey of Recent Results
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abstract
Fair resource allocation is an important problem in many real-world scenarios, where resources such as goods and chores must be allocated among agents. In this survey, we delve into the intricacies of fair allocation, focusing specifically on the challenges associated with indivisible resources. We define fairness and efficiency within this context and thoroughly survey existential results, algorithms, and approximations that satisfy various fairness criteria, including envyfreeness, proportionality, MMS, and their relaxations. Additionally, we discuss algorithms that achieve fairness and efficiency, such as Pareto Optimality and Utilitarian Welfare. We also study the computational complexity of these algorithms, the likelihood of finding fair allocations, and the price of fairness for each fairness notion. We also cover mixed instances of indivisible and divisible items and investigate different valuation and allocation settings. By summarizing the state-of-the-art research, this survey provides valuable insights into fair resource allocation of indivisible goods and chores, highlighting computational complexities, fairness guarantees, and trade-offs between fairness and efficiency. It serves as a foundation for future advancements in this vital field.
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Fair Division via the Cake-Cutting Share
Novel cake-cutting and envy-free share notions for divisible goods are simultaneously achievable only up to a tight Θ(√n) approximation in the worst case.