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Reassignment-proof rules for land rental problems

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Reassignment-proof rules for land rental problems

Valencia Toledo, Alfredo; Vidal Puga, Juan José
 
DATE : 2019-05-25
UNIVERSAL IDENTIFIER : http://hdl.handle.net/11093/1563
UNESCO SUBJECT : 1207.06 Teoría de Juegos
DOCUMENT TYPE : article

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. We present a complete characterization of the family of rules that satisfy reassignment-proofness by merging and spliting, apart from land monotonicity. 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

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