The Price of Fairness

The Price of Fairness
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DOI:
10.1287/opre.1100.0865
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发表时间:
2011-01-01
影响因子:
2.7
通讯作者:
Trichakis, Nikolaos
Trichakis, Nikolaos
中科院分区:
管理学3区
文献类型:
--
作者:
Bertsimas, Dimitris;Farias, Vivek F.;Trichakis, Nikolaos

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在本文中,我们研究涉及多个利己方或参与者以及中央决策者的资源分配问题。我们引入并研究了公平性的价格,它是“公平”分配下的相对系统效率损失,假设完全有效的分配是最大化玩家效用之和的分配。我们关注两个广为接受的、公理化的公平概念,即比例公平和最大最小公平。对于这些概念,我们为一系列广泛的问题提供了公平代价的严格描述。
In this paper we study resource allocation problems that involve multiple self-interested parties or players and a central decision maker. We introduce and study the price of fairness, which is the relative system efficiency loss under a "fair" allocation assuming that a fully efficient allocation is one that maximizes the sum of player utilities. We focus on two well-accepted, axiomatically justified notions of fairness, viz., proportional fairness and max-min fairness. For these notions we provide a tight characterization of the price of fairness for a broad family of problems.