An Improved Bound for the Shapley-Folkman Theorem

An Improved Bound for the Shapley-Folkman Theorem

Coauthors: Philip J Reny
Journal of Mathematical Economics, (2020): 89, 48-52. [PDF]

Abstract

We provide an up to 30% improvement in the Shapley-Folkman theorem error-bound, and briefly discuss its consequences for the course allocation problem.