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New framework for fair bilateral trade introduced

Researchers have developed a new framework for analyzing repeated bilateral trade, focusing on fairness rather than solely maximizing profit. This framework introduces a one-parameter family of objectives, the Rawls-to-Nash family, which aggregates seller and buyer gains using nonpositive Hölder means. The study characterizes optimal learning rates and provides bounds for this new statistical structure, which differs from standard gain-from-trade objectives. AI

RANK_REASON The cluster contains a single academic paper published on arXiv. [lever_c_demoted from research: ic=1 ai=0.4]

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COVERAGE [1]

  1. arXiv cs.LG TIER_1 English(EN) · Fran\c{c}ois Bachoc, Roberto Colomboni, Emilie Kaufmann ·

    Repeated Bilateral Trade: The Quest for Fairness

    arXiv:2606.15369v1 Announce Type: new Abstract: We study repeated bilateral trade from a fairness perspective. At each round, a fresh seller-buyer pair arrives, and the platform posts a price before observing the traders' valuations. Trade occurs only if both agents accept the pr…