Fairness in Operations: From Theory to Practice

Event Details
  • Date/Time:
    • Tuesday March 8, 2011
      10:00 am - 11:00 am
  • Location: ISyE Executive classroom
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Summary Sentence: Fairness in Operations: From Theory to Practice

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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.

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H. Milton Stewart School of Industrial and Systems Engineering (ISYE)

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Status
  • Created By: Anita Race
  • Workflow Status: Published
  • Created On: Feb 1, 2011 - 6:58am
  • Last Updated: Oct 7, 2016 - 9:53pm