Non-manipulable rules for land rental problems

Alfredo Valencia-Toledo and Juan Vidal-Puga

MPRA Paper from University Library of Munich, Germany

Abstract: We consider land rental problems where there are several communities that can act as lessors and a single tenant who does not necessary need all the available land. A rule should determine which communities become lessors, how much land they rent and at which price. Our first result is a complete characterization of the family of rules that satisfy land monotonicity and non-manipulability under land reassignment. We also define two parametric subfamilies. The first one is characterized by adding a property of weighted standard for two-person. The second one is characterized by adding consistency and continuity.

Keywords: land rental; non-manipulability; land reassignment; land monotonicity; consistency; standard for two-person (search for similar items in EconPapers)
JEL-codes: D61 D63 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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