Decision Sciences
8 years ago

New mechanism ensures fair and efficient allocation of resources for all.

Journal of Artificial Intelligence Research
Mechanisms for Fair Allocation Problems: No-Punishment Payment Rules in Verifiable Settings
Gianluigi Greco, Francesco Scarcello

Paper Summary

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The article discusses a way to fairly divide goods among people using a system that checks if they are telling the truth about what they received. The system is designed to be honest, efficient, and fair to everyone involved. It ensures that each person gets the best possible outcome for themselves. The researchers also found simpler versions of the system that work well in practice.