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J4  2010, Vol. 7 Issue (3): 435-    DOI:
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Cost Allocation, Allocation of Votes and Wealth Transfer between Unit Owners
 LIU Sheng-Huan
Huazhong Normal University, Wuhan, China

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Abstract  

The paper deals with the issue of wealth transfer by applying the theory of new institutional economics and its way of analysis. It also discusses the issues of wealth transfer in the context where different cost allocation is combined with different voting rules and the effects of different levels of voting rules on wealth transfer between unit owners. It is assumed that the larger the difference between the revenue of unit owners and the number of his votes, the more chances that his property will be transferred. It is necessary to choose different voting and decisionmaking rules in the neighborhood where unit owners have houses in different sizes in order to avoid the wealth transfer and make the implementation of program efficiently.

Key wordscost allocation      allocation of votes      voting rules      wealth transfer     
Received: 16 June 2008     
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LIU Sheng-Huan
Cite this article:   
LIU Sheng-Huan. Cost Allocation, Allocation of Votes and Wealth Transfer between Unit Owners[J]. J4, 2010, 7(3): 435-.
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http://manu68.magtech.com.cn/Jwk_glxb/EN/     OR     http://manu68.magtech.com.cn/Jwk_glxb/EN/Y2010/V7/I3/435
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