Suppose you’re at a mathom party and it turns out that some of the mathoms are popular, and multiple people want to claim the same mathoms. How can you fairly decide who gets each mathom, and ensure the allocation isn’t wasteful?
Well, a standard economic answer is to auction them to the highest bidders, but then the mathoms aren’t really gifts any more. And what if the process of allocating the mathoms could itself be enjoyable? Continue reading Efficient allocation of mathoms in a Bad-Santa-like game