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TitlePrice of Fairness in Budget Division for Egalitarian Social Welfare
Creator
Date Issued2020
Conference Name14th International Conference on Combinatorial Optimization and Applications, COCOA 2020
Source PublicationLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
ISSN0302-9743
Volume12577 LNCS
Pages594-607
Conference DateDecember 11-13, 2020
Conference PlaceDallas
Abstract

We study a participatory budgeting problem of aggregating the preferences of agents and dividing a budget over the projects. A budget division solution is a probability distribution over the projects. The main purpose of our study concerns the comparison between the system optimum solution and a fair solution. We are interested in assessing the quality of fair solutions, i.e., in measuring the system efficiency loss under a fair allocation compared to the one that maximizes (egalitarian) social welfare. This indicator is called the price of fairness. We are also interested in the performance of several aggregation rules. Asymptotically tight bounds are provided both for the price of fairness and the efficiency guarantee of aggregation rules.

KeywordFairness Participatory budgeting Probabilistic voting
DOI10.1007/978-3-030-64843-5_40
URLView source
Language英语English
Scopus ID2-s2.0-85097846788
Citation statistics
Cited Times [WOS]:0   [WOS Record]     [Related Records in WOS]
Document TypeConference paper
Identifierhttp://repository.uic.edu.cn/handle/39GCC9TT/9237
CollectionResearch outside affiliated institution
Corresponding AuthorZhang, Mengqi
Affiliation
1.School of Sciences,Beijing University of Posts and Telecommunications,Beijing,100876,China
2.Department of Computer Science and Engineering,University of Nebraska-Lincoln,Lincoln,United States
3.Academy of Mathematics and Systems Science,Chinese Academy of Sciences,Beijing,100190,China
4.School of Mathematical Sciences,University of Chinese Academy of Sciences,Beijing,100049,China
Recommended Citation
GB/T 7714
Tang, Zhongzheng,Wang, Chenhao,Zhang, Mengqi. Price of Fairness in Budget Division for Egalitarian Social Welfare[C], 2020: 594-607.
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