Final answer:
Fair-share schedulers aim to allocate resources fairly by giving fewer to those who have had more than their fair share, and more to those who have had less. They promote equity and ensure resources are distributed fairly.
Step-by-step explanation:
The objective of a fair-share scheduler is to monitor usage and allocate resources in a way that ensures fairness. It aims to give fewer resources to users who have had more than their fair share, and more resources to those who have had less than their fair share. The fairness of a market's ability to reach equilibrium can hence be evaluated by observing the distribution of resources among participants and considering whether the market facilitates equitable access to goods and services.
For example, consider a fair-share scheduler in an operating system. It may track the amount of CPU time each user has used and distribute CPU resources accordingly. If one user has used more CPU time than their fair share, the scheduler may prioritize other users to ensure fairness.Overall, the objective of a fair-share scheduler is to promote equity and ensure that resources are distributed fairly among users.