The DOI matches its Crossref record; 30 of the 30 references it cites were found in a registry or an index.
The Price of Fairness
Abstract
In this paper we study resource allocation problems that involve multiple self-interested parties or players and a central decision maker. We introduce and study the price of fairness, which is the relative system efficiency loss under a “fair” allocation assuming that a fully efficient allocation is one that maximizes the sum of player utilities. We focus on two well-accepted, axiomatically justified notions of fairness, viz., proportional fairness and max-min fairness. For these notions we provide a tight characterization of the price of fairness for a broad family of problems.
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Cites
Goldsmith, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511841224 · Cited by 10,658
A Theory of Justice: Original Edition
Rawls, J. (1971) · doi:10.4159/9780674042605 · Cited by 9,496
(2006) · Choice Reviews Online · doi:10.5860/choice.43-4686 · Cited by 8,128
Nash, J. F. (1950) · Econometrica · doi:10.2307/1907266 · Cited by 7,840
Bertsekas, D. P., & Gallager, R. G. (1987) · Cited by 5,561
Rate control for communication networks: shadow prices, proportional fairness and stability
Kelly, F. P., Maulloo, A. K., & Tan, D. K. H. (1998) · Journal of the Operational Research Society · doi:10.1057/palgrave.jors.2600523 · Cited by 5,021
Sen, A., & Foster, J. (1973) · doi:10.1093/0198281935.001.0001 · Cited by 3,429
Introduction to linear optimization
Bertsimas, D., & Tsitsiklis, J. N. (1997) · Cited by 2,705
Self-citationFair end-to-end window-based congestion control
Mo, J., & Walrand, J. (2000) · IEEE/ACM Transactions on Networking · doi:10.1109/90.879343 · Cited by 2,095
Koutsoupias, E., & Papadimitriou, C. (1999) · Lecture Notes in Computer Science · doi:10.1007/3-540-49116-3_38 · Cited by 1,806
Cited by
On the Efficiency-Fairness Trade-off
Bertsimas, D., Farias, V. F., & Trichakis, N. (2012) · Management Science · doi:10.1287/mnsc.1120.1549 · Cited by 294
Self-citationCake cutting: not just child's play
Procaccia, A. D. (2013) · Communications of the ACM · doi:10.1145/2483852.2483870 · Cited by 156
Metadata
- Authors
- Bertsimas, D., Farias, V. F., & Trichakis, N.
- Venue
- Operations Research
- Published
- 2011-02
- Volume
- 59
- Issue
- 1
- Pages
- 17-31
- ISSN
- 0030-364X (ISSN-L)
- 1526-5463
- OpenAlex
- W2013518095
- Cited by
- 656
- References
- 30
- FWCI
- 50.72
- Type
- journal article
- Language
- en
- Open access
- closed
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- Bertsimas, D., Farias, V. F., & Trichakis, N. (2011). The Price of Fairness. Operations Research. https://doi.org/10.1287/opre.1100.0865
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.