Randomized Assignments for Barter Exchanges: Fairness vs. Efficiency

نویسندگان

  • Wenyi Fang
  • Aris Filos-Ratsikas
  • Søren Kristoffer Stiil Frederiksen
  • Pingzhong Tang
  • Song Zuo
چکیده

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 cyclelength 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.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

A Unified Approach to Dynamic Matching and Barter Exchange

The exchange of indivisible goods without money addresses a variety of constrained economic settings where a medium of exchange—such as money—is considered inappropriate. Participants are either matched directly with another participant or, in more complex domains, in barter cycles and chains with many other participants before exchanging their endowed goods. This thesis addresses the design, a...

متن کامل

روش بهره‌ور برای رشد اقتصادی بدون رشد نقدینگی

One of the opportunities that enable better utilization of funds to finance the country's policy makers, CEOs and financial institutions gives profit, use of barter transactions rather than cash transactions and money payment.  Although It deals with history as long as the formation of the first human set (before the invention of money and Intermediate goods), but the use of these methods ...

متن کامل

Fair Recommendations for Online Barter Exchange Networks

Of late online social networks have become popular, with interest spanning various aspects including search, analysis/mining, and their potential use for item barter exchange markets. The idea is that users can leverage their social network for exchanging items they possess with other users. The problem of generating recommendations for item exchanges between users, consisting of synchronous ex...

متن کامل

Iterative barter models

The paper presents two models of iterative barter where two players (A and B) aim at exchanging a pair of items without sharing any common scale of evaluation nor any common numerary good as the money. An item may be either a good or a chore (i. e. a bad) or a service of some kind and may “belong” to either players. In the first model every player proposes to the other a pair of items in an alt...

متن کامل

Auctions and barters

In this technical report we face the problem of the fair sharing of goods, bads and possibly services (also collectively termed items) among a set of players that cannot (or do not want to) use a common cardinal scale for their evaluation owing to the very qualitative and non economical nature of the items themselves. To solve this problem we present two families of protocols (barter protocols ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2015