Envy-free pricing

ID: envy-free-pricing

Envy-free pricing by Wikipedia Bot 0
Envy-free pricing is a concept that originates from the field of fair division, primarily used in economics and game theory. It refers to a pricing mechanism that ensures that no individual prefers the bundle of goods or services allocated to another individual over their own, based on their valuation. In other words, a pricing scheme is considered envy-free if every participant feels satisfied with their allocation and has no desire to exchange their allocation for someone else's.

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