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It is well known that strategic behavior in elections is essentially unavoidable; we therefore ask: how bad can the rational outcome be? We answer this question via the notion of the price of anarchy, using the scores of alternatives as a proxy for their quality and bounding the ratio between the score of the optimal alternative and the score of the winning(More)
We study the envy-free pricing problem in linear multi-unit markets with budgets, where there is a seller who brings multiple units of a good, while several buyers bring monetary endowments. Our goal is to compute an envy-free (item) price and allocation, i.e. an outcome where all the demands of the buyers are met given their budget constraints, which(More)
Single minded agents have strict preferences, in which a bundle is acceptable only if it meets a certain demand. Such preferences arise naturally in scenarios such as allocating computational resources among users, where the goal is to fairly serve as many requests as possible. In this paper we study the fair division problem for such agents, which is(More)
In this paper we introduce and analyze social distance games, a family of non-transferable utility coalitional games where an agent's utility is a measure of closeness to the other members of the coalition. We study both social welfare maximi-sation and stability in these games from a graph theoretic perspective. We investigate the welfare of stable(More)
The Fisher market model is one of the most fundamental resource allocation models in economics. In a Fisher market, the prices and allocations of goods are determined according to the preferences and budgets of buyers to clear the market. In a Fisher market game, however, buyers are strategic and report their preferences over goods; the market-clearing(More)
We present and analyze coalitional affinity games, a family of hedonic games that explicitly model the value that an agent receives from being associated with other agents. We provide a characterization of the social-welfare maximizing coalition structures, and study the stability properties of affinity games, using the core solution concept. Interestingly(More)