Expressive mechanisms for equitable rent division on a budget

Rodrigo Velez

Papers from arXiv.org

Abstract: We study the incentive properties of envy-free mechanisms for the allocation of rooms and payments of rent among financially constrained roommates. Each agent reports her values for rooms, her housing earmark (soft budget), and an index that reflects the difficulty the agent experiences from having to pay over this amount. Then an envy-free allocation for these reports is recommended. The complete information non-cooperative outcomes of each of these mechanisms are exactly the envy-free allocations with respect to true preferences if and only if the admissible budget violation indices have a bound.

Date: 2019-02, Revised 2020-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://arxiv.org/pdf/1902.02935 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1902.02935

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().