Sharing an increase of the rent fairly

Rodrigo Velez

Social Choice and Welfare, 2017, vol. 48, issue 1, No 4, 59-80

Abstract: Abstract We characterize the family of non-contestable budget-monotone rules for the allocation of objects and money as those obtained by maximizing a maxmin social welfare function among all non-contestable allocations. We provide three additional seemingly independent approaches to construct these rules. We present three applications of this characterization. First, we show that one can “rectify” any non-contestable rule without losing non-contestability. Second, we characterize the preferences that admit, for each budget, a non-contestable allocation satisfying a minimal or maximal individual consumption of money constraint. Third, we study continuity properties of the non-contestable correspondence.

Date: 2017
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DOI: 10.1007/s00355-016-1018-4

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