Papers
Topics
Authors
Recent
Search
2000 character limit reached

Uniform Welfare Guarantees Under Identical Subadditive Valuations

Published 1 May 2020 in cs.GT | (2005.00504v1)

Abstract: We study the problem of allocating indivisible goods among agents that have an identical subadditive valuation over the goods. The extent of fairness and efficiency of allocations is measured by the generalized means of the values that the allocations generate among the agents. Parameterized by an exponent term $p$, generalized-mean welfares encompass multiple well-studied objectives, such as social welfare, Nash social welfare, and egalitarian welfare. We establish that, under identical subadditive valuations and in the demand oracle model, one can efficiently find a single allocation that approximates the optimal generalized-mean welfare---to within a factor of $40$---uniformly for all $p \in (-\infty, 1]$. Hence, by way of a constant-factor approximation algorithm, we obtain novel results for maximizing Nash social welfare and egalitarian welfare for identical subadditive valuations.

Citations (7)

Summary

Paper to Video (Beta)

Whiteboard

No one has generated a whiteboard explanation for this paper yet.

Open Problems

We haven't generated a list of open problems mentioned in this paper yet.

Continue Learning

We haven't generated follow-up questions for this paper yet.

Collections

Sign up for free to add this paper to one or more collections.