Equitable rent division on a soft budget

成果类型:
Article
署名作者:
Velez, Rodrigo A.
署名单位:
Texas A&M University System; Texas A&M University College Station
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2023.01.008
发表日期:
2023
页码:
1-14
关键词:
Budget constraints Equitable rent division market design Algorithmic game theory No -envy Quasi -linear preferences
摘要:
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 their values for rooms, their housing earmark (soft budget), and a coefficient 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 coefficients have a bound.(c) 2023 Elsevier Inc. All rights reserved.