Fair Allocation

4.0 credits

The course is an introduction to the mathematical modeling of problems of fairness in resource allocation. Among the types of problems we will seek to analyze are: - How should the Red Cross distribute supplies among refugees in a refugee camp.- How should housemates split the rent when the rooms in the house they share have different features that each housemate values differently.- How should students in a dance class be organized in male-female pairs when each male student has preferences over female partners and each female student has preferences over male partners?- When a firm goes bankrupt, how should it liquidation value be divided among its creditors?