Author
Listed:
- Yanmeng Tao
(School of Transportation Science and Engineering, Beihang University, Beijing 100191, China)
- Bo Jiang
(Faculty of Business, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong 999077, China)
- Qixiu Cheng
(Business School, University of Bristol, Bristol BS8 1PY, UK)
- Shuaian Wang
(Faculty of Business, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong 999077, China)
Abstract
In collaborative projects, traditional resource allocation methods often rely on company-assigned contribution rates, which can be subjective and lead to unfair outcomes. To address this, we propose a quadratic programming model that integrates participants’ self-reported rankings of their contributions across projects with company evaluations. The model aims to minimize deviations from company-assigned rates while ensuring consistency with participants’ perceived contribution rankings. Extensive simulations demonstrate that the proposed method reduces allocation errors by an average of 50.8% compared to the traditional approach and 21.4% against the method considering only individual estimation tendencies. Additionally, the average loss reduction in individual resource allocation ranges from 40% to 70% compared to the traditional method and 10% to 50% against the estimation-based method, with our approach outperforming both. Sensitivity analyses further reveal the model’s robustness and its particular value in flawed systems; the error is reduced by approximately 75% in scenarios where company evaluations are highly inaccurate. While its effectiveness is affected by factors such as team size variability and self-assessment errors, the approach consistently provides more equitable allocation of resources that better reflects actual individual contributions, offering valuable insights for improving fairness in team projects.
Suggested Citation
Yanmeng Tao & Bo Jiang & Qixiu Cheng & Shuaian Wang, 2025.
"A Quadratic Programming Model for Fair Resource Allocation,"
Mathematics, MDPI, vol. 13(16), pages 1-21, August.
Handle:
RePEc:gam:jmathe:v:13:y:2025:i:16:p:2635-:d:1726104
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