Individual pieces set
In the theory of fair cake-cutting, the individual-pieces set (IPS) is a geometric object that represents all possible utility vectors in cake partitions. Example. Suppose we have a cake made of four parts. There are two people, Alice and George, with different tastes: each person values the different parts of the cake differently. The table below describes the parts and their values. The cake can be divided in various ways. Each division (Alice's-piece, George's-piece) yields a different utility vector (Alice's utility, George's utility). The IPS is the set of utility vectors  of all possible partitions. The IPS for the example cake is shown on the right. Properties. The IPS is a convex set and a compact set. This follows from the Dubins–Spanier theorems. With two agents, the IPS is symmetric across the middle point (in this case it is the point (15,15)). Take some int formula_1 on the IPS. This point comes from some partition. Swap the pieces between Alice and George. Then, Alice's new utility is 30 minus her previous utility, and George's new utility is 30 minus his previous utility, so the symmetric point formula_2 is  also on the IPS. The top-right boundary of the IPS is the Pareto frontier – it is the set of all Pareto efficient partitions. With two agents, this frontier can be constructed in the following way: History. The IPS was introduced as part of the Dubins–Spanier theorems and used in the proof of Weller's theorem. The term "Individual Pieces set" was coined by Julius Barbanel.