Published 2010 | Version Submitted
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Truthful Fair Division

Abstract

We address the problem of fair division, or cake cutting, with the goal of finding truthful mechanisms. In the case of a general measure space ("cake") and non-atomic, additive individual preference measures - or utilities - we show that there exists a truthful "mechanism" which ensures that each of the k players gets at least 1/k of the cake. This mechanism also minimizes risk for truthful players. Furthermore, in the case where there exist at least two different measures we present a different truthful mechanism which ensures that each of the players gets more than 1/k of the cake. We then turn our attention to partitions of indivisible goods with bounded utilities and a large number of goods. Here we provide similar mechanisms, but with slightly weaker guarantees. These guarantees converge to those obtained in the non-atomic case as the number of goods goes to infinity.

Additional Information

© 2010 Springer-Verlag Berlin Heidelberg. Supported by NSF Career Award (DMS 054829) by ISF grant 1300/08 and by a Minerva grant. Supported by ISF grant 1300/08.

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Additional details

Identifiers

Eprint ID
71908
Resolver ID
CaltechAUTHORS:20161110-075056609

Related works

Funding

NSF
DMS-054829
Israel Science Foundation
1300/08
MINERVA (Israel)

Dates

Created
2016-11-11
Created from EPrint's datestamp field
Updated
2021-11-11
Created from EPrint's last_modified field

Caltech Custom Metadata

Caltech groups
Mathematics Department
Series Name
Lecture Notes in Computer Science
Series Volume or Issue Number
6386