A fair and truthful mechanism with limited subsidy
成果类型:
Article
署名作者:
Goko, Hiromichi; Igarashi, Ayumi; Kawase, Yasushi; Makino, Kazuhisa; Sumita, Hanna; Tamura, Akihisa; Yokoi, Yu; Yokoo, Makoto
署名单位:
Toyota Motor Corporation; University of Tokyo; Kyoto University; Institute of Science Tokyo; Tokyo Institute of Technology; Keio University; Kyushu University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2023.12.006
发表日期:
2024
页码:
49-70
关键词:
Mechanism design with money
Envy-freeness
resource allocation
Algorithmic game theory
摘要:
The notion of envy -freeness is a natural and intuitive fairness requirement in resource allocation. With indivisible goods, such fair allocations are not guaranteed to exist. Classical works have avoided this issue by introducing an additional divisible resource, i.e., money. In this paper, we aim to design a truthful allocation mechanism of indivisible goods to achieve fairness and efficiency criteria with a limited amount of subsidy. Following the work of Halpern and Shah, our central question is as follows: to what extent do we need to rely on the power of money to accomplish these objectives? We show that, when agents have matroidal valuations, there is a truthful allocation mechanism that achieves envy -freeness and utilitarian optimality by subsidizing each agent with at most 1, the maximum marginal contribution of each item for each agent. The design of the mechanism rests crucially on the underlying matroidal M -convexity of the Lorenz dominating allocations.
来源URL: