- PII
- S042473880000616-6-1
- DOI
- 10.7868/S0000616-6-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume 52 / Issue 2
- Pages
- 40-59
- Abstract
- In article Ilinskiy, Polterovich, Starkov (2014а) we investigate the transition from the saving and loan programs of mortrage to modern institutes. The concept of LSTP (Lines of Savings and Loan Tariff Plans) was introduced. The parameters of LSTP are realizing the “smooth” changing from subsidizing plans to commercial. The following properties were observed. fairness, fullness, rightness, local rightness, effectiveness. In this paper we analyse connections between this properties for wide class of LSTP. We find the profit of agents using the LSTP in terms of parameters. We prove, that the concepts rightness and local rightness are equivalent. We show that effective LSTP can be changed by effective fairness LSTP with same profit of agents. The conditions on effective LSTP to be full are found. Results show that we can simplify the finding of effective (Pareto-optimal) LSTP.
- Keywords
- mortgage, line of savings and loan plans
- Date of publication
- 01.04.2016
- Year of publication
- 2016
- Number of purchasers
- 1
- Views
- 858