The InheritMinMax.lng Model

Allocation of objects to several parties/participants

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Given a number of participants(parties) each with their
own objective or utility function, we want to
find a solution to a shared problem so that the smallest
utility is maximized, with a little bit of weight to
minimizing the maximum, to reduce inequality.

The specific shared problem is to allocate a number
of discrete items from an inheritance to the heirs, with
each heir having her own set of values for each of the
items to be allocated;

Keywords:

Allocation | Pareto Optimal | Fair Allocation | Assignment Problem | Inheritance | Goal Programming | Multi-criteria |