Efficiency, fairness and incentives in resource allocation

Resource allocation aims at allocating scarce resources to strategic agents in an efficient and fair manner. Due to its wide applications in real-life, finding such allocations satisfying specific properties is important for both theoretical research and industrial applications. In our work, we stud...

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Main Author: Huzhang, Guangda
Other Authors: Bei Xiaohui
Format: Theses and Dissertations
Language:English
Published: 2018
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Online Access:https://hdl.handle.net/10356/82541
http://hdl.handle.net/10220/46645
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-825412023-02-28T23:44:46Z Efficiency, fairness and incentives in resource allocation Huzhang, Guangda Bei Xiaohui School of Physical and Mathematical Sciences DRNTU::Science::Mathematics::Discrete mathematics::Algorithms DRNTU::Science::Mathematics::Applied mathematics::Game theory Resource allocation aims at allocating scarce resources to strategic agents in an efficient and fair manner. Due to its wide applications in real-life, finding such allocations satisfying specific properties is important for both theoretical research and industrial applications. In our work, we study three objectives: efficiency, fairness, and incentive, when allocating both divisible resource and indivisible resource. First, we consider the fair division of a heterogeneous divisible resource, which is well known as the cake cutting problem. We focus on designing truthful and envy-free mechanisms with the presence of strategic agents. Most results established by previous works in this setting all rely crucially on the free disposal assumption, meaning that the mechanism can throw away part of the resource at no cost. We study cake cutting mechanism design in two cases: without the free disposal assumption or with the free disposal assumption. Next, we study indivisible resource allocation. We consider three fairness notations with indivisible resources: maximin share guarantee, envy-free up to one good, and envy-free up to the least good. We study whether a mechanism exists when we combine these fairness notations with the connected piece assumption, Pareto optimality, and other moderate conditions. Last, we study a specific application, which we call the online roommate allocation problem. We show a polynomial-time online algorithm that achieves constant competitive ratio for social welfare maximization and both positive and negative results on the existence of an allocation satisfying different stability conditions in this online setting. Doctor of Philosophy 2018-11-14T07:09:54Z 2019-12-06T14:57:37Z 2018-11-14T07:09:54Z 2019-12-06T14:57:37Z 2018 Thesis Huzhang, G. (2018). Efficiency, fairness and incentives in resource allocation. Doctoral thesis, Nanyang Technological University, Singapore. https://hdl.handle.net/10356/82541 http://hdl.handle.net/10220/46645 10.32657/10220/46645 en 90 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Science::Mathematics::Discrete mathematics::Algorithms
DRNTU::Science::Mathematics::Applied mathematics::Game theory
spellingShingle DRNTU::Science::Mathematics::Discrete mathematics::Algorithms
DRNTU::Science::Mathematics::Applied mathematics::Game theory
Huzhang, Guangda
Efficiency, fairness and incentives in resource allocation
description Resource allocation aims at allocating scarce resources to strategic agents in an efficient and fair manner. Due to its wide applications in real-life, finding such allocations satisfying specific properties is important for both theoretical research and industrial applications. In our work, we study three objectives: efficiency, fairness, and incentive, when allocating both divisible resource and indivisible resource. First, we consider the fair division of a heterogeneous divisible resource, which is well known as the cake cutting problem. We focus on designing truthful and envy-free mechanisms with the presence of strategic agents. Most results established by previous works in this setting all rely crucially on the free disposal assumption, meaning that the mechanism can throw away part of the resource at no cost. We study cake cutting mechanism design in two cases: without the free disposal assumption or with the free disposal assumption. Next, we study indivisible resource allocation. We consider three fairness notations with indivisible resources: maximin share guarantee, envy-free up to one good, and envy-free up to the least good. We study whether a mechanism exists when we combine these fairness notations with the connected piece assumption, Pareto optimality, and other moderate conditions. Last, we study a specific application, which we call the online roommate allocation problem. We show a polynomial-time online algorithm that achieves constant competitive ratio for social welfare maximization and both positive and negative results on the existence of an allocation satisfying different stability conditions in this online setting.
author2 Bei Xiaohui
author_facet Bei Xiaohui
Huzhang, Guangda
format Theses and Dissertations
author Huzhang, Guangda
author_sort Huzhang, Guangda
title Efficiency, fairness and incentives in resource allocation
title_short Efficiency, fairness and incentives in resource allocation
title_full Efficiency, fairness and incentives in resource allocation
title_fullStr Efficiency, fairness and incentives in resource allocation
title_full_unstemmed Efficiency, fairness and incentives in resource allocation
title_sort efficiency, fairness and incentives in resource allocation
publishDate 2018
url https://hdl.handle.net/10356/82541
http://hdl.handle.net/10220/46645
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