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Ordinal Maximin Share Approximation for Goods

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arxiv 2109.01925 v3 pith:WHB7LDCO submitted 2021-09-04 cs.GT

classification cs.GT
keywords goodsout-of-agentsapproximationbundlesguaranteeordinalalgorithm
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abstract

In fair division of indivisible goods, $\ell$-out-of-$d$ maximin share (MMS) is the value that an agent can guarantee by partitioning the goods into $d$ bundles and choosing the $\ell$ least preferred bundles. Most existing works aim to guarantee to all agents a constant fraction of their 1-out-of-$n$ MMS. But this guarantee is sensitive to small perturbation in agents' cardinal valuations. We consider a more robust approximation notion, which depends only on the agents' \emph{ordinal} rankings of bundles. We prove the existence of $\ell$-out-of-$\lfloor(\ell+\frac{1}{2})n\rfloor$ MMS allocations of goods for any integer $\ell\geq 1$, and present a polynomial-time algorithm that finds a $1$-out-of-$\lceil\frac{3n}{2}\rceil$ MMS allocation when $\ell = 1$. We further develop an algorithm that provides a weaker ordinal approximation to MMS for any $\ell > 1$.

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Reviewed papers in the Pith corpus that reference this work. Sorted by Pith novelty score. Full citation record

  1. 1-out-of-5 Maximin-Share Allocations Always Exist for Four Agents

    econ.TH 2026-07 accept novelty 7.0 of 10

    Every four-agent instance with nonnegative additive valuations admits a complete 1-out-of-5 maximin-share allocation, and 5 is the smallest denominator for which a universal guarantee exists.

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