Fair cake-cutting is a mathematical approach and framework for dividing a resource (often conceptualized as a "cake") among multiple parties in a way that is perceived as fair. The goal is to ensure that each participant feels they have received their fair share of the resource. This concept is often applied in economics, game theory, and conflict resolution, and is particularly relevant in scenarios where resources are limited and need to be allocated among competing individuals or groups.
New to topics? Read the docs here!