Article ID Journal Published Year Pages File Type
1142831 Operations Research Letters 2009 4 Pages PDF
Abstract

We call a market competitive if increasing the endowment of one buyer does not increase the equilibrium utility of another. We show that every competitive uniform utility allocation market is a submodular utility allocation market, answering a question of Jain and Vazirani [K. Jain, V.V. Vazirani, Eisenberg–Gale markets: Algorithms and structural properties, in: STOC, 2007]. Our proof proceeds via characterizing non-submodular fractionally sub-additive functions.

Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
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