Definition & Meaning | English word ENVY-FREE
ENVY-FREE
Definitions of ENVY-FREE
- (of a division of a resource among several partners) Such that every partner feels that his/her allocated share is at least as good as any other share.
Number of letters
9
Is palindrome
No
Examples of Using ENVY-FREE in a Sentence
- A reentrant variant of the last diminisher protocol finds an additive approximation to an envy-free division in bounded time.
- The same analysis shows that the division is envy-free even in the somewhat degenerate case when there are two shouters, and the leftmost piece is given to any of them.
- An envy-free and Pareto-optimal allocation could be found via Pareto-efficient envy-free division or Weller's theorem.
- Envy-free pricing - a relaxation of Walrasian equilibrium in which some items may remain unallocated.
- A reentrant variant of the Last Diminisher protocol finds an additive approximation to an envy-free division in bounded time.
- Misra and Sethia complement their result by proving that, when n is not fixed, even for non-degenerate valuations, it is NP-hard to decide whether there exists an fPO envy-free allocation with 0 sharings.
- Indeed, strategyproofness is incompatible with envy-freeness: there is no deterministic strategyproof protocol that always returns an envy-free allocation.
- Guruswami, Hartline, Karlin, Kempe, Kenyon and McSherry (who introduced the term envy-free pricing) studied two classes of utility functions: unit demand and single-minded.
- Combining the above lemma with more advanced algorithms can yield, in strongly-polynomial time, allocations that are fPO and envy-free, with at most n-1 sharings.
- It is strategyproof and envy-free ex-ante, but does not guarantee even approximate envy-free ex-post.
- Maskin proved the existence of a Pareto-optimal envy-free allocation when the total money endowment is more than (n-1)V.
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