Title | Price of Fairness in Budget Division for Egalitarian Social Welfare |
Creator | |
Date Issued | 2020 |
Conference Name | 14th International Conference on Combinatorial Optimization and Applications, COCOA 2020 |
Source Publication | Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
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ISSN | 0302-9743 |
Volume | 12577 LNCS |
Pages | 594-607 |
Conference Date | December 11-13, 2020 |
Conference Place | Dallas |
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. |
Keyword | Fairness Participatory budgeting Probabilistic voting |
DOI | 10.1007/978-3-030-64843-5_40 |
URL | View source |
Language | 英语English |
Scopus ID | 2-s2.0-85097846788 |
Citation statistics |
Cited Times [WOS]:0
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Document Type | Conference paper |
Identifier | http://repository.uic.edu.cn/handle/39GCC9TT/9237 |
Collection | Research outside affiliated institution |
Corresponding Author | Zhang, 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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