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Generalized Rental Harmony

Authors :
Segal-Halevi, Erel
Source :
American Mathematical Monthly, 2022, 403--414
Publication Year :
2019

Abstract

Rental Harmony is the problem of assigning rooms in a rented house to tenants with different preferences, and simultaneously splitting the rent among them, such that no tenant envies the bundle (room+price) given to another tenant. Different papers have studied this problem under two incompatible assumptions: the miserly tenants assumption is that each tenant prefers a free room to a non-free room; the quasilinear tenants assumption is that each tenant attributes a monetary value to each room, and prefers a room of which the difference between value and price is maximum. This note shows how to adapt the main technique used for rental harmony with miserly tenants, using Sperner's lemma, to a much more general class of preferences, that contains both miserly and quasilinear tenants as special cases. This implies that some recent results derived for miserly tenants apply to this more general preference class too.<br />Comment: Generalized all results to "compensable tenants" - a class that contains both miserly and quasilinear tenants

Details

Database :
arXiv
Journal :
American Mathematical Monthly, 2022, 403--414
Publication Type :
Report
Accession number :
edsarx.1912.13249
Document Type :
Working Paper
Full Text :
https://doi.org/10.1080/00029890.2022.2037988