Existence and Optimality of Envy-Free random allocations
Anna Vakarova
Papers from arXiv.org
Abstract:
I provide a unified framework to establish the existence of a weak Pareto efficient, envy-free allocation in general settings: random allocations are probability measures on a compact metric space, and preferences of agents are represented by continuous, concave utility function on the space of probability measures. The generality of my setting nests the existence results for small spaces with indivisibles -- the list of prominent applications includes the school assignment problem and the house allocation problem. The technique developed to prove the existence also applies to allocation problems with divisibles, like fair cake-cutting or land-division problems. Here I also show that even when agents' preferences are not atomless, the allocation in question can be represented as a probability measure over partitions with finite support. Last but not least, I apply the existence result to new allocation problems that no existing framework encompasses. These include allocation of indivisible goods or services over time and allocation of differentiated goods.
Date: 2026-05
References: Add references at CitEc
Citations:
Downloads: (external link)
http://arxiv.org/pdf/2605.28263 Latest version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2605.28263
Access Statistics for this paper
More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().