Fair enough

Ariel D. Procaccia, Junxing Wang
2014 Proceedings of the fifteenth ACM conference on Economics and computation - EC '14  
We consider the problem of fairly allocating indivisible goods, focusing on a recently-introduced notion of fairness called maximin share guarantee: Each player's value for his allocation should be at least as high as what he can guarantee by dividing the items into as many bundles as there are players and receiving his least desirable bundle. Assuming additive valuation functions, we show that such allocations may not exist, but allocations guaranteeing each player 2/3 of the above value
more » ... exist, and can be computed in polynomial time when the number of players is constant. These theoretical results have direct practical implications.
doi:10.1145/2600057.2602835 dblp:conf/sigecom/ProcacciaW14 fatcat:qwesgdi2qfapvc23sgjykpjp2q