Showing 1 - 10 of 18,924
investigates this specific tradeoff and identifies an allocation rule that is individually rational, equilibrium selecting, and … domain, the identified rule is the equilibrium selecting rule that transfers the maximum number of ownerships from the public …
Persistent link: https://www.econbiz.de/10011332808
investigates this specific trade-off and identifies an allocation rule that is individual rational, equilibrium selecting, and … domain, the identified rule is the equilibrium selecting rule that transfers the maximum number of ownerships from the public …
Persistent link: https://www.econbiz.de/10013208691
paper investigates this specific trade-off and identifies an allocation rule that is individually rational, equilibrium … restricted domain, the identified rule is the equilibrium selecting rule that transfers the maximum number of ownerships from the …
Persistent link: https://www.econbiz.de/10011186230
paper investigates this specific trade-off and identifies an allocation rule that is individually rational, equilibrium … restricted domain, the identified rule is the equilibrium selecting rule that transfers the maximum number of ownerships from the …
Persistent link: https://www.econbiz.de/10010894988
rent their houses. The idea is to identify equilibrium prices for the housing market given the prerequisite that a tenant … he currently is occupying. The main contribution is the identification of an individually rational, equilibrium selecting …. In this restricted domain, the identified mechanism is the equilibrium selecting mechanism that transfers the maximum …
Persistent link: https://www.econbiz.de/10013208721
. We prove that the only mechanism that satisfies these conditions is a price mechanism with a minimal equilibrium price …
Persistent link: https://www.econbiz.de/10013208891
Persistent link: https://www.econbiz.de/10012667954
Persistent link: https://www.econbiz.de/10015206919
Many real-life applications of house allocation problems are dynamic. For example, inthe case of on-campus housing for college students, each year freshmen apply to move inand graduating seniors leave. Each student stays on campus for a few years only. A studentis a \newcomer" in the beginning...
Persistent link: https://www.econbiz.de/10009022173
There has been a surge of interest in stochastic assignment mechanisms which proved to be theoretically compelling thanks to their prominent welfare properties. Contrary to stochastic mechanisms, however, lottery mechanisms are commonly used for indivisible good allocation in real-life. To help...
Persistent link: https://www.econbiz.de/10010478795