Theoretical Economics Letters

Volume 7, Issue 5 (August 2017)

ISSN Print: 2162-2078   ISSN Online: 2162-2086

Google-based Impact Factor: 1.19  Citations  h5-index & Ranking

Optimal Apartment Cleaning by Harried College Students: A Game-Theoretic Analysis

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DOI: 10.4236/tel.2017.75085    796 Downloads   1,401 Views  Citations

ABSTRACT

In this note, we use a simple game model to analyze the optimal cleanup of an apartment that is shared by nN college students who are pressed for time. From an individual standpoint, these students dislike cleaning. However, they also prefer a clean apartment to a dirty one. Hence, for any student i, where i =1,…n, this student’s utility is the total number of hours spent by all the n students cleaning less a threshold d times the hours spent cleaning by himself. In this setting, we first determine the Nash equilibrium cleanup times when the threshold d is less than unity. Second, we find the Nash equilibrium cleanup times when the threshold d is greater than unity. Finally, for specific values of n and the threshold d, we investigate whether the second Nash equilibrium is Pareto efficient.

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Batabyal, A. (2017) Optimal Apartment Cleaning by Harried College Students: A Game-Theoretic Analysis. Theoretical Economics Letters, 7, 1255-1260. doi: 10.4236/tel.2017.75085.

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