PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY

PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY

The paper presents and compares four nonprobabilistic procedures of fair division of a set of indivisible goods with money: Original Knaster, Adjusted Knaster, Equal Shares and Second Prices. The last two are presented for the first time in the article. The analysis concerns the formal properties of...

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Bibliographic Details
Main Author: Marek Bożykowski
Format: Article
Language:English
Published: Kozminski University 2011-06-01
Series:Decyzje
Subjects:
fair division
Adjusted Knaster
Knaster
indivisible goods
envyfreeness
Online Access:http://www.kozminski.edu.pl/fileadmin/wspolne_elementy/Dokumenty/jednostki/Decyzje/15/Decyzje_15_art._1.pdf
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spelling doaj-f4e8ec41cae44a9b8c8b6fe9afd3821c2020-11-24T22:50:23ZengKozminski UniversityDecyzje1733-00922011-06-01815522PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEYMarek BożykowskiThe paper presents and compares four nonprobabilistic procedures of fair division of a set of indivisible goods with money: Original Knaster, Adjusted Knaster, Equal Shares and Second Prices. The last two are presented for the first time in the article. The analysis concerns the formal properties of those methods, namely: strong Pareto optimality, proportionality, envy-freeness, fairness, strategy-proofness and anonymity. Moreover, classes of situations in which those procedures meet aforementioned properties will be comparedhttp://www.kozminski.edu.pl/fileadmin/wspolne_elementy/Dokumenty/jednostki/Decyzje/15/Decyzje_15_art._1.pdffair divisionAdjusted KnasterKnasterindivisible goodsenvyfreeness
collection DOAJ
language English
format Article
sources DOAJ
author Marek Bożykowski
spellingShingle Marek Bożykowski
PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY
Decyzje
fair division
Adjusted Knaster
Knaster
indivisible goods
envyfreeness
author_facet Marek Bożykowski
author_sort Marek Bożykowski
title PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY
title_short PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY
title_full PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY
title_fullStr PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY
title_full_unstemmed PROCEDURES OF FAIR DIVISION OF A SET OF INDIVISIBLE GOODS WITH MONEY
title_sort procedures of fair division of a set of indivisible goods with money
publisher Kozminski University
series Decyzje
issn 1733-0092
publishDate 2011-06-01
description The paper presents and compares four nonprobabilistic procedures of fair division of a set of indivisible goods with money: Original Knaster, Adjusted Knaster, Equal Shares and Second Prices. The last two are presented for the first time in the article. The analysis concerns the formal properties of those methods, namely: strong Pareto optimality, proportionality, envy-freeness, fairness, strategy-proofness and anonymity. Moreover, classes of situations in which those procedures meet aforementioned properties will be compared
topic fair division
Adjusted Knaster
Knaster
indivisible goods
envyfreeness
url http://www.kozminski.edu.pl/fileadmin/wspolne_elementy/Dokumenty/jednostki/Decyzje/15/Decyzje_15_art._1.pdf
work_keys_str_mv AT marekbozykowski proceduresoffairdivisionofasetofindivisiblegoodswithmoney
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