Fairness-Efficiency Tradeoffs in Dynamic Fair Division
- π items arrive online, π agents
- Agent π has value π€ππ’ β [0,1] for item π’ that we learn when the item
arrives
- Item must be allocated immediately and irrevocably
- After π rounds, we will have some allocation π΅ = (π΅1, β¦ , π΅π)
- Additive valuations: π€π π΅π = Οππ’βπ΅π π€ππ’
- Ideally, allocation is both fair and efficient