Distribution Aggregation via Continuous Thiele's Rules

Fuente: arXiv
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Autori principali: Wagner, Jonathan, Meir, Reshef
Natura: Preprint
Pubblicazione: 2024
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author Wagner, Jonathan
Meir, Reshef
author_facet Wagner, Jonathan
Meir, Reshef
contents We introduce the class of \textit{Continuous Thiele's Rules} that generalize the familiar \textbf{Thiele's rules} \cite{janson2018phragmens} of multi-winner voting to distribution aggregation problems. Each rule in that class maximizes $\sum_if(π^i)$ where $π^i$ is an agent $i$'s satisfaction and $f$ could be any twice differentiable, increasing and concave real function. Based on a single quantity we call the \textit{'Inequality Aversion'} of $f$ (elsewhere known as "Relative Risk Aversion"), we derive bounds on the Egalitarian loss, welfare loss and the approximation of \textit{Average Fair Share}, leading to a quantifiable, continuous presentation of their inevitable trade-offs. In particular, we show that the Nash Product Rule satisfies\textit{ Average Fair Share} in our setting.
format Preprint
id arxiv_https___arxiv_org_abs_2408_01054
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Distribution Aggregation via Continuous Thiele's Rules
Wagner, Jonathan
Meir, Reshef
Computer Science and Game Theory
We introduce the class of \textit{Continuous Thiele's Rules} that generalize the familiar \textbf{Thiele's rules} \cite{janson2018phragmens} of multi-winner voting to distribution aggregation problems. Each rule in that class maximizes $\sum_if(π^i)$ where $π^i$ is an agent $i$'s satisfaction and $f$ could be any twice differentiable, increasing and concave real function. Based on a single quantity we call the \textit{'Inequality Aversion'} of $f$ (elsewhere known as "Relative Risk Aversion"), we derive bounds on the Egalitarian loss, welfare loss and the approximation of \textit{Average Fair Share}, leading to a quantifiable, continuous presentation of their inevitable trade-offs. In particular, we show that the Nash Product Rule satisfies\textit{ Average Fair Share} in our setting.
title Distribution Aggregation via Continuous Thiele's Rules
topic Computer Science and Game Theory
url https://arxiv.org/abs/2408.01054