Fairness and externalities

Externalities in Cake Cutting

The cake cutting problem models the fair division of a heterogeneous good between multiple agents. Previous work assumes that each agent derives value only from its own piece. However, agents may also care about the pieces assigned to other agents; such externalities naturally arise in fair division settings. We extend the classical model to capture externalities, and generalize the classical f...

Steady Marginality: A Uniform Approach to Shapley Value for Games with Externalities

The Shapley value is one of the most important solution concepts in cooperative game theory. In coalitional games without externalities, it allows to compute a unique payoff division that meets certain desirable fairness axioms. However, in many realistic applications where externalities are present, Shapley’s axioms fail to indicate such a unique division. Consequently, there are many extensio...

Appendices to “ A Field Study on Matching with Network Externalities ”

In Appendix B, we inspect the trade-off between efficiency and fairness of outcomes across different classes of faculty . Also, under some simplifying assumptions, we estimate the welfare generated by commonly used variations of the serial-dictator mechanism in the presence of network externalities. In Appendix C, we detail the ant-colony algorithm used to search for optimal assignments with ex...

Information And Communication Technology Externalities And Economic Growth In Newly Industrialized Countries

Analysis of Electricity Generation’s Externalities on Sectorial Output Growth and Welfare in Iran

Environmental problems are one of the most challenging issues for the entire world and each country. In economic studies, environmental issues are analyzed as negative externalities. In this article, the negative externalities of electricity production on the output growth of different sectors and household’s welfare in Iran’s economy have been studied through price system using Computable Gene...