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Improved Maximin Share Guarantee for Additive Valuations

Main:36 Pages
10 Figures
Bibliography:3 Pages
6 Tables
Appendix:23 Pages
Abstract

The maximin share (MMS\textsf{MMS}) is the most prominent share-based fairness notion in the fair allocation of indivisible goods. Recent years have seen significant efforts to improve the approximation guarantees for MMS\textsf{MMS} for different valuation classes, particularly for additive valuations. For the additive setting, it has been shown that for some instances, no allocation can guarantee a factor better than 11n41-\tfrac{1}{n^4} of maximin share value to all agents. However, the best currently known algorithm achieves an approximation guarantee of 34+33836\tfrac{3}{4} + \tfrac{3}{3836} for MMS\textsf{MMS}. In this work, we narrow this gap and improve the best-known approximation guarantee for MMS\textsf{MMS} to 1013\tfrac{10}{13}.

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