Fairly taking turns

Andrew Mackenzie*, Vilmos Komornik

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

We investigate the fair division of a sequence of time slots when each agent is sufficiently patient. If agents have identical preferences, then we construct perfectly equitable and efficient allocations. Otherwise, (i) if there are two agents, then we construct envy-free allocations, (ii) if there are three agents, then we construct proportional allocations, and (iii) in general, we construct approximately fair allocations. Finally, we investigate achieving approximate fairness at each time period, strategy-proofness, and a notion of computational simplicity.
Original languageEnglish
Pages (from-to)743-764
Number of pages22
JournalGames and Economic Behavior
Volume142
DOIs
Publication statusPublished - 1 Nov 2023

JEL classifications

  • d63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
  • d71 - "Social Choice; Clubs; Committees; Associations"

Keywords

  • Fair division
  • Intertemporal choice

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