Munich Personal RePEc Archive

Non-manipulable rules for land rental problems

Valencia-Toledo, Alfredo and Vidal-Puga, Juan (2015): Non-manipulable rules for land rental problems.


Download (400kB) | Preview


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. Our first result is a complete characterization of the family of rules that satisfy land monotonicity and non-manipulability under land reassignment. 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.

MPRA is a RePEc service hosted by
the Munich University Library in Germany.