Construct · 1 fields · 1 citations

maximin share: a standalone construct

One name. One construct. A landmark on the map.

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Algorithmic game theory

the value an agent can secure by dividing indivisible goods into bundles and receiving the worst one, used as a fairness benchmark for allocations.

In algorithmic game theory, maximin share refers to the value an agent can secure by dividing indivisible goods into bundles and receiving the worst one, used as a fairness benchmark for allocations. This meaning comes from Budish (2011) in Journal of Political Economy.[1]

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Nearby constructs

agent3 fields · 5 citationsjingle · one word, three constructs fairness4 fields · 4 citationsjingle · one word, four constructs game2 fields · 3 citationsjingle · one word, two constructs

References

Budish, E. (2011). The Combinatorial Assignment Problem: Approximate Competitive Equilibrium from Equal Incomes. Journal of Political Economy, 119(6), 1061-1103. https://doi.org/10.1086/664613

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