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.
CITATION STYLE
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
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