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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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TITLE: Fairness in Operations: From Theory to Practice
SPEAKER: Nikolaos Trichakis, Faculty Candidate
ABSTRACT:
This talk deals with the basic issue of selecting the “right” objective for a given resource allocation problem. The notion of what is “right” can be fairly nebulous; we consider two issues that we see as key: efficiency and fairness. We state a precise version of the selection problem and provide a quantitative understanding of the inherent tradeoff between efficiency and fairness that can guide a manager’s decision.
Our theoretical development is exemplified through a new, eminently implementable proposal for deceased donor kidney allocation rules. Specifically, we show how to design allocation policies that serve a selection of fairness objectives in the context of allocating kidneys for transplantation. We demonstrate how an allocation designed in such a fashion can substantially outperform the existing proposal under review by the Department of Health and Human Services while being no less equitable.