Existence and Computation of Maximin Fair Allocations Under Matroid-Rank Valuations (2012.12710v2)

Abstract: We study fair and economically efficient allocation of indivisible goods among agents whose valuations are rank functions of matroids. Such valuations constitute a well-studied class of submodular functions (i.e., they exhibit a diminishing returns property) and model preferences in several resource-allocation settings. We prove that, for matroid-rank valuations, a social welfare-maximizing allocation that gives each agent her maximin share always exists. Furthermore, such an allocation can be computed in polynomial time. We establish similar existential and algorithmic results for the pairwise maximin share guarantee as well. To complement these results, we show that if the agents have binary XOS valuations or weighted-rank valuations, then maximin fair allocations are not guaranteed to exist. Both of these valuation classes are immediate generalizations of matroid-rank functions.