Fairness and Efficiency in Cake-Cutting with Single-Peaked Preferences

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Tác giả: Bhavook Bhardwaj, Rajnish Kumar, Josue Ortega

Ngôn ngữ: eng

Ký hiệu phân loại: 736.98 Paper cutting and folding

Thông tin xuất bản: 2020

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Bộ sưu tập: Metadata

ID: 163913

Comment: Forthcoming in Economics LettersWe study the cake-cutting problem when agents have single-peaked preferences over the cake. We show that a recently proposed mechanism by Wang-Wu (2019) to obtain envy-free allocations can yield large welfare losses. Using a simplifying assumption, we characterize all Pareto optimal allocations, which have a simple structure: are peak-preserving and non-wasteful. Finally, we provide simple alternative mechanisms that Pareto dominate that of Wang-Wu, and which achieve envy-freeness or Pareto optimality.
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