Rental harmony with roommates

A-Tier
Journal: Journal of Economic Theory
Year: 2014
Volume: 153
Issue: C
Pages: 128-137

Authors (2)

Azrieli, Yaron (Ohio State University) Shmaya, Eran (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We prove existence of envy-free allocations in markets with heterogenous indivisible goods and money, when a given quantity is supplied from each of the goods and agents have unit demands. We depart from most of the previous literature by allowing agents' preferences over the goods to depend on the entire vector of prices. We then show how our theorem may be applied in two related problems: Existence of envy-free allocations in a version of the cake-cutting problem, and existence of equilibrium in an exchange economy with indivisible goods and money. Our proof uses Shapley's K-K-M-S theorem and Hall's marriage lemma.

Technical Details

RePEc Handle
repec:eee:jetheo:v:153:y:2014:i:c:p:128-137
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24