House allocation with existing tenants.

The writers present a house allocation model where there are both existing tenants and new applicants. First, in order to motivate their proposed mechanism, they restrict attention to the simple case of one existing tenant. They then present the formal model and definitions. In addition, they dis...

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Detalles Bibliográficos
Publicado en:Journal of Economic Theory Vol. 88; no. 2; pp. 233 - 261
Autores principales: Abdulkadiroǧlu, Atila, Sönmez, Tayfun
Formato: Artículo
Publicado: Academic Press Inc. October 1999
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The writers present a house allocation model where there are both existing tenants and new applicants. First, in order to motivate their proposed mechanism, they restrict attention to the simple case of one existing tenant. They then present the formal model and definitions. In addition, they discuss real-life mechanisms and introduce and analyze the class of top trading cycles mechanisms. Furthermore, they outline extensions that are useful for real-life applications. Finally, they present an omitted proof.