Fair and Efficient Online Allocations

Author:

Benadè Gerdus1ORCID,Kazachkov Aleksandr M.2ORCID,Procaccia Ariel D.3ORCID,Psomas Alexandros4ORCID,Zeng David5

Affiliation:

1. Questrom School of Business, Boston University, Boston, Massachusetts 02215;

2. Department of Industrial & Systems Engineering, University of Florida, Gainesville, Florida 32611;

3. School of Engineering and Applied Sciences, Harvard University, Boston, Massachusetts 02134;

4. Department of Computer Science, Purdue University, West Lafayette, Indiana 47907;

5. Jane Street Capital, New York, New York 10281

Abstract

Trade-Offs in Dynamic Allocation Problems Food rescue organizations often receive donations to allocate to food pantries or families. Donations are unpredictable, and goods are often perishable; as a result, allocations have to be made within a short time frame after arrival without knowledge of future arrivals. It is important that donations go to organizations that are able to use them; at the same time, organizations that serve different communities should be treated equitably. In “Fair and Efficient Online Allocations,” Benadè, Kazachkov, Procaccia, Psomas, and Zeng study fairness-efficiency trade-offs in such online allocation problems. Against adversarial arrivals, no algorithm can provide nontrivial guarantees for both these objectives simultaneously. When item values are drawn from (potentially correlated) distributions, there is no trade-off, and a simultaneously fair and efficient algorithm is presented.

Publisher

Institute for Operations Research and the Management Sciences (INFORMS)

Subject

Management Science and Operations Research,Computer Science Applications

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