Abstract
Land rental problems describe situations where one tenant demands land from several lessors. The way lessors rent their land can be seen as equivalent to a bankruptcy problem. We extend the idea of self-duality in bankruptcy problems to land rental problems. We provide a complete characterization of the family of rules that satisfy self-duality. Moreover, self-duality is enough to assure the proportional land share among lessors. Adding other reasonable properties, we pick up a single rule.
| Original language | English |
|---|---|
| Pages (from-to) | 56-59 |
| Number of pages | 4 |
| Journal | Operations Research Letters |
| Volume | 46 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jan 2018 |
| Externally published | Yes |
Bibliographical note
Funding Information:Alfredo Valencia-Toledo thanks the Ministry of Education of Peru for its financial support through the “ Beca Presidente de la República-PRONABEC ” grant ( 2013-III ). Juan Vidal-Puga acknowledges financial support by the Spanish Ministerio de Economía y Competitividad ( ECO2014-52616-R ) and Xunta de Galicia ( GRC 2015/014 ).
Publisher Copyright:
© 2017 Elsevier B.V.
Keywords
- Bankruptcy problems
- Land rental problems
- Proportional rule
- Self-duality