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Split Your Rent Using Economic Theory and The Internet

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New Yorkers splitting the rent with roommates usually adhere to the time-tested calculation of extracting the most money possible from the newest roommate and having any earlier tenants split the difference of the total. What to do then, when multiple people are coming into a space at the same time with different expectations and valuing different things? One roommate may be claustrophobic and willing to pay anything not to be shut into a windowless closet of a room. Another renter may have an appalling number of shoes that require a bedroom with a closet to house them. Enter, which polls potential roommates on what each room in an apartment would be worth to them, and then comes up with a calculation that splits the rent to everyone's maximum satisfaction. Note: utility in this application is a measure of economic benefit and has nothing to do with the electric or gas bills.
· The Rent Is Too Damn Fair [TRITDFair]