Maximizing Nash Social Welfare in 2-Value Instances: Delineating Tractability
Abstract only We study the problem of allocating a set of indivisible goods among a set of agents with 2-value additive valuations. In this setting, each good is valued either 1 or p/q, for some fixed co-prime numbers p, q ∊ ℕ such that 1 ≤ q < p. Our goal is to find an allocation maximizing the...
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Veröffentlicht in: | Mathematics of operations research 2025-01 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | Abstract only We study the problem of allocating a set of indivisible goods among a set of agents with 2-value additive valuations. In this setting, each good is valued either 1 or p/q, for some fixed co-prime numbers p, q ∊ ℕ such that 1 ≤ q < p. Our goal is to find an allocation maximizing the Nash social welfare (NSW), that is, the geometric mean of the valuations of the agents. In this work, we give a complete characterization of polynomial-time tractability of NSW maximization that solely depends on the values of q. We start by providing a rather simple polynomial-time algorithm to find a maximum NSW allocation when the valuation functions are integral, that is, q = 1. We then exploit more involved techniques to get an algorithm producing a maximum NSW allocation for the half-integral case, that is, q = 2. Finally, we show it is NP-hard to compute an allocation with maximum NSW whenever q ≥ 3. Editor’s Note: This paper is undergoing revision because the authors discovered a significantly improved proof for the main result. The updated version of the paper will be available here following editorial review. |
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ISSN: | 0364-765X 1526-5471 |
DOI: | 10.1287/moor.2023.0204 |