Extending the Characterization of Maximum Nash Welfare
arXiv:2301.03798 · doi:10.1016/j.econlet.2023.111030
Abstract
In the allocation of indivisible goods, the maximum Nash welfare rule has recently been characterized as the only rule within the class of additive welfarist rules that satisfies envy-freeness up to one good. We extend this characterization to the class of all welfarist rules.