Equal-quantile rules in resource allocation with uncertain needs
A group of agents have uncertain needs on a resource, and the resource has to be divided before uncertainty resolves. We propose a class of division rules we call equal-quantile rules, parameterized by λ ∈ (0, 1]. The parameter λ is a common maximal probability of satisfaction — the probability that...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2019
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2274 https://ink.library.smu.edu.sg/context/soe_research/article/3273/viewcontent/equal_quantile_rules_RR_.pdf |
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Institution: | Singapore Management University |
Language: | English |