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Cake-cutting may refer to: Fair cake-cutting, a mathematical problem of fairly dividing a heterogenous resource among people with different preferences Efficient cake-cutting, a similar division problem in economics and computer science; Wedding-cake cutting, the habit of cutting the wedding cake and distributing it to the guests, as a symbol ...
Divide and choose (also Cut and choose or I cut, you choose) is a procedure for fair division of a continuous resource, such as a cake, between two parties. It involves a heterogeneous good or resource ("the cake") and two partners who have different preferences over parts of the cake (both want as much of it as possible). The procedure ...
The "cake" is only a metaphor; procedures for fair cake-cutting can be used to divide various kinds of resources, such as land estates, advertisement space or broadcast time. The prototypical procedure for fair cake-cutting is divide and choose, which is mentioned in the book of Genesis to resolve Abraham and Lot's conflict. This procedure ...
A proportional cake-cutting is a kind of fair cake-cutting. It is a division of a heterogeneous resource ("cake") that satisfies the proportionality criterion, namely, that every partner feels that his allocated share is worth at least 1/n of the total. Two assumptions are usually made when proportionality is discussed:
An envy-free cake-cutting is a kind of fair cake-cutting.It is a division of a heterogeneous resource ("cake") that satisfies the envy-free criterion, namely, that every partner feels that their allocated share is at least as good as any other share, according to their own subjective valuation.
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Symmetric fair cake-cutting is a variant of the fair cake-cutting problem, in which fairness is applied not only to the final outcome, but also to the assignment of roles in the division procedure. As an example, consider a birthday cake that has to be divided between two children with different tastes, such that each child feels that his/her ...
Utilitarian cake-cutting (also called maxsum cake-cutting) is a rule for dividing a heterogeneous resource, such as a cake or a land-estate, among several partners with different cardinal utility functions, such that the sum of the utilities of the partners is as large as possible.