Proves existence of allocations that are individually rational, Pareto efficient, and free of 'justified envy' when agents have reservation utilities, with a competitive equilibrium foundation.
Equity, envy, and efficiency,
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Fairness and efficiency for probabilistic allocations with participation constraints
Proves existence of allocations that are individually rational, Pareto efficient, and free of 'justified envy' when agents have reservation utilities, with a competitive equilibrium foundation.