FEEM working papers "Note di lavoro" series
2011 .088

Finding Maxmin Allocations in Cooperative and Competitive Fair Division


Authors: Marco Dall'Aglio, Camilla Di Luca
Series: Economy and Society
Editor: Giuseppe Sammarco
Keywords: Fair Division, Maxmin Allocation, Kalai Bargaining Solution, Cooperative Game Theory
JEL n.: D63, C61, C71,C78

Abstract

We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision.

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