4.2 Article

Approximation Algorithms for Computing Maximin Share Allocations

Journal

ACM TRANSACTIONS ON ALGORITHMS
Volume 13, Issue 4, Pages -

Publisher

ASSOC COMPUTING MACHINERY
DOI: 10.1145/3147173

Keywords

Fair division; maximin share

Funding

  1. European Union (European Social Fund-ESF)
  2. Greek national funds through the Operational Program Education and Lifelong Learning of the National Strategic Reference Framework (NSRF)-Research Funding Program: THALES-Investing in knowledge society through the European Social Fund

Ask authors/readers for more resources

We study the problem of computing maximin share allocations, a recently introduced fairness notion. Given a set of n agents and a set of goods, the maximin share of an agent is the best she can guarantee to herself, if she is allowed to partition the goods in any way she prefers, into n bundles, and then receive her least desirable bundle. The objective then is to find a partition, where each agent is guaranteed her maximin share. Such allocations do not always exist, hence we resort to approximation algorithms. Our main result is a 2/3-approximation that runs in polynomial time for any number of agents and goods. This improves upon the algorithm of Procaccia and Wang (2014), which is also a 2/3-approximation but runs in polynomial time only for a constant number of agents. To achieve this, we redesign certain parts of the algorithm in Procaccia and Wang (2014), exploiting the construction of carefully selected matchings in a bipartite graph representation of the problem. Furthermore, motivated by the apparent difficulty in establishing lower bounds, we undertake a probabilistic analysis. We prove that in randomly generated instances, maximin share allocations exist with high probability. This can be seen as a justification of previously reported experimental evidence. Finally, we provide further positive results for two special cases arising from previous works. The first is the intriguing case of three agents, where we provide an improved 7/8-approximation. The second case is when all item values belong to {0, 1, 2}, where we obtain an exact algorithm.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.2
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available