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Ch.9, 13, 14
Math167 Sherry Scarborough
Term | Definition |
---|---|
equitable | a fair division is equitable if each player believes he or she received the same fractional part of the total value |
envy-free | if each player has a strategy that can guarantee him or her a share of whatever is being divided that is, in the eyes of that player, at least as large as that received by any other player, no matter what the other players do |
pareto-optimal | if it produces an allocation of the property that no other allocation can make one player better off without making some other player worse off |
adjusted winner procedure |