In economics and computer science, Fractional Pareto efficiency or Fractional Pareto optimality (fPO) is a variant of Pareto efficiency used in the setting of fair allocation of discrete objects. An allocation of objects is called discrete if each item is wholly allocated to a single agent; it is called fractional if some objects are split among two or more agents. A discrete allocation is called Pareto-efficient (PO) if it is not Pareto-dominated by any discrete allocation; it is called fractionally Pareto-efficient (fPO) if it is not Pareto-dominated by any discrete or fractional allocation.[1] So fPO is a stronger requirement than PO: every fPO allocation is PO, but not every PO allocation is fPO.
^Barman, S., Krishnamurthy, S. K., & Vaish, R., "Finding Fair and Efficient Allocations", EC '18: Proceedings of the 2018 ACM Conference on Economics and Computation, June 2018.
and 28 Related for: Fractional Pareto efficiency information
Paretoefficiency or Pareto optimality is a situation where no action or allocation is available that makes one individual better off without making another...
economics and computer science, FractionalParetoefficiency or FractionalPareto optimality (fPO) is a variant of Paretoefficiency used in the setting of fair...
Ordinal Paretoefficiency refers to several adaptations of the concept of Pareto-efficiency to settings in which the agents only express ordinal utilities...
related to the Paretoefficiency. Mathematically, the 80/20 rule is roughly described by a power law distribution (also known as a Pareto distribution)...
The Pareto distribution, named after the Italian civil engineer, economist, and sociologist Vilfredo Pareto, is a power-law probability distribution that...
on lotteries). One desired property of a random assignment rule is Paretoefficiency (PE). There are three variants of PE: Ex-post PE means that, after...
ranked voting electoral system that satisfies unrestricted domain, Paretoefficiency, and independence of irrelevant alternatives. Similarly, by Gibbard's...
equals that of Kelvin. Therefore, the 2 individuals society reaches Paretoefficiency, where there is no way to make Jane or Kelvin better off without making...
Parametric model Parametric statistics Pareto analysis Pareto chart Pareto distribution Pareto index Pareto interpolation Pareto principle Park test Partial autocorrelation –...
objects among people with different preferences, two major goals are Paretoefficiency and fairness. Since the objects are indivisible, there may not exist...
Paretoefficiency, which describes a situation or outcome in which nobody can be made better off without also making someone else worse off. Pareto efficiency...
SE allocation satisfies SD-efficiency - a weak ordinal variant of Pareto-efficiency (it means that the allocation is Pareto-efficient for at least one...
not matter; Neutrality - the names of the candidates do not matter; Pareto-efficiency (PE) means no mixture gives a higher utility to one agent and at least...
considered. Alternative strategies with improved computational efficiency include fractional factorial designs, Latin hypercube sampling, and quasi-random...
condition and is therefore Pareto efficient, despite the good in question being a public one. It also demonstrates how efficiency can be reached in an economy...
related to efficiency: Exhaustiveness: no set of agents can pool their unused donations and fund a project approved by all of them. Pareto-optimality...
conditions under which a society's total utility is maximized. Vilfredo Pareto used an Edgeworth box contact line to illustrate a similar social optimality...
functions can be used to analyze Paretoefficiency, such as illustrated by Edgeworth boxes in contract curves. Such efficiency is a major concept in welfare...
are proved: With two agents, both truthful and strategic choices lead to Pareto efficient allocations. Moreover, the game is monotonic in the following...
Spyros; Koutsoupias, Elias; Spirakis, Paul G. (eds.). "ParetoEfficiency and Approximate ParetoEfficiency in Routing and Load Balancing Games". Algorithmic...
comparison takes Pareto dominance into account when moving the PSO particles and non-dominated solutions are stored so as to approximate the pareto front. As...
likelihood distributions: the Poisson, exponential, normal (with known mean), Pareto, gamma with known shape σ, inverse gamma with known shape parameter, and...
of wealth can move the economy to a more equal allocation that is also Pareto efficient. Basic income Distribution of wealth Economic policy Equality...
always determines the outcome regardless of other voters' preferences. Paretoefficiency—If every voter prefers candidate A to all other candidates, then A...
Simone. "COLLABORATIONS AND MARKET EFFICIENCY: The Network of Financial Economics." The Ascent of Market Efficiency: Finance That Cannot Be Proven, Cornell...