Getting Your Fair Share

Post on 23-Feb-2016

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Getting Your Fair Share. Kate Rudolph. Your Fair Share… of What?. Divisible Different preferences Desirable. What is “Fair”?. Proportional “I got at least 1/n” Envy-Free “Nobody got more than me” Equitable “Everyone got the same”. 4 0. 5 0. 10. 10. 5. 10. 3 0. 2 0. 10. 15. - PowerPoint PPT Presentation

Transcript of Getting Your Fair Share

Getting Your Fair Share

Kate Rudolph

Your Fair Share… of What?

• Divisible

• Different preferences

• Desirable

What is “Fair”?

• Proportional“I got at least 1/n”

• Envy-Free“Nobody got more than me”

• Equitable“Everyone got the same”

20

100

40

10

10

30

10

50

10

5

100

15

20

401030

10

50

10 10

5

15

654050

40

10

50

15

5040

1510

= 1.25

= 1.5

How much of the Skittles do I get?

p

15 + (1-p)50=50 + 40p

p = 1/6

30

10

10 50

15

16

56 ( )

( )40

56.67 56.67

3 or more people is much harder!