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Duality in land rental problems
Authors:Alfredo Valencia-Toledo  Juan Vidal-Puga
Affiliation:1. Research Group in Economic Analysis, Universidade de Vigo, Spain;2. ECOSOT and Department of Statistics and Operations Research, Universidade de Vigo, Spain
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.
Keywords:Self-duality  Land rental problems  Bankruptcy problems  Proportional rule
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