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Room assignment-rent division: A market approach

Publication ,  Journal Article
Abdulkadiroǧlu, A; Sönmez, T; Ünver, MU
Published in: Social Choice and Welfare
June 1, 2004

A group of friends consider renting a house but they shall first agree on how to allocate its rooms and share the rent. We propose an auction mechanism for room assignment-rent division problems which mimics the market mechanism. Our auction mechanism is efficient, envy-free, individually-rational and it yields a non-negative price to each room whenever that is possible with envy-freeness.

Duke Scholars

Published In

Social Choice and Welfare

DOI

ISSN

0176-1714

Publication Date

June 1, 2004

Volume

22

Issue

3

Start / End Page

515 / 538

Related Subject Headings

  • Economic Theory
  • 49 Mathematical sciences
  • 44 Human society
  • 38 Economics
  • 16 Studies in Human Society
  • 14 Economics
  • 01 Mathematical Sciences
 

Citation

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ICMJE
MLA
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Abdulkadiroǧlu, A., Sönmez, T., & Ünver, M. U. (2004). Room assignment-rent division: A market approach. Social Choice and Welfare, 22(3), 515–538. https://doi.org/10.1007/s00355-003-0231-0
Abdulkadiroǧlu, A., T. Sönmez, and M. U. Ünver. “Room assignment-rent division: A market approach.” Social Choice and Welfare 22, no. 3 (June 1, 2004): 515–38. https://doi.org/10.1007/s00355-003-0231-0.
Abdulkadiroǧlu A, Sönmez T, Ünver MU. Room assignment-rent division: A market approach. Social Choice and Welfare. 2004 Jun 1;22(3):515–38.
Abdulkadiroǧlu, A., et al. “Room assignment-rent division: A market approach.” Social Choice and Welfare, vol. 22, no. 3, June 2004, pp. 515–38. Scopus, doi:10.1007/s00355-003-0231-0.
Abdulkadiroǧlu A, Sönmez T, Ünver MU. Room assignment-rent division: A market approach. Social Choice and Welfare. 2004 Jun 1;22(3):515–538.
Journal cover image

Published In

Social Choice and Welfare

DOI

ISSN

0176-1714

Publication Date

June 1, 2004

Volume

22

Issue

3

Start / End Page

515 / 538

Related Subject Headings

  • Economic Theory
  • 49 Mathematical sciences
  • 44 Human society
  • 38 Economics
  • 16 Studies in Human Society
  • 14 Economics
  • 01 Mathematical Sciences