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Randomized Assignments for Barter Exchanges: Fairness vs Efficiency

Authors :
Søren Kristoffer Stiil Frederiksen
Pingzhong Tang
Aris Filos-Ratsikas
Wenyi Fang
Song Zuo
Walsh, Toby
Walsh, T
Source :
Fang, W, Filos-Ratsikas, A, Frederiksen, S K S, Tang, P & Zuo, S 2015, Randomized Assignments for Barter Exchanges: Fairness vs Efficiency . in T Walsh (ed.), Algorithmic Decision Theory : 4th International Conference, ADT 2015, Lexington, KY, USA, September 27-30, 2015, Proceedings . Springer VS, Lecture Notes in Computer Science, vol. 9346, pp. 537-552, International Conference on Algorithmic Decision Theory, Lexington, United States, 27/09/2015 . https://doi.org/10.1007/978-3-319-23114-3_32, Algorithmic Decision Theory ISBN: 9783319231136, ADT
Publication Year :
2015
Publisher :
Springer VS, 2015.

Abstract

We study fairness and efficiency properties of randomized algorithms for barter exchanges with direct applications to kidney exchange problems. It is well documented that randomization can serve as a tool to ensure fairness among participants. However, in many applications, practical constraints often restrict the maximum allowed cycle-length of the exchange and for randomized algorithms, this imposes constraints of the cycle-length of every realized exchange in their decomposition. We prove that standard fairness properties such as envy-freeness or symmetry are incompatible with even the weakest notion of economic efficiency in this setting. On the plus side, we adapt some well-known matching mechanisms to incorporate the restricted cycle constraint and evaluate their performance experimentally on instances of the kidney exchange problem, showing tradeoffs between fairness and efficiency.

Details

Language :
English
ISBN :
978-3-319-23113-6
ISBNs :
9783319231136
Database :
OpenAIRE
Journal :
Fang, W, Filos-Ratsikas, A, Frederiksen, S K S, Tang, P & Zuo, S 2015, Randomized Assignments for Barter Exchanges: Fairness vs Efficiency . in T Walsh (ed.), Algorithmic Decision Theory : 4th International Conference, ADT 2015, Lexington, KY, USA, September 27-30, 2015, Proceedings . Springer VS, Lecture Notes in Computer Science, vol. 9346, pp. 537-552, International Conference on Algorithmic Decision Theory, Lexington, United States, 27/09/2015 . https://doi.org/10.1007/978-3-319-23114-3_32, Algorithmic Decision Theory ISBN: 9783319231136, ADT
Accession number :
edsair.doi.dedup.....c74eb3616c0c4f7cb040355168cc03dc