Klaus, Bettina; Bochet, Olivier; Walzl, Markus - Départment d'économétrie et d'économie politique … - 2010
We consider multiple-type housing markets. To capture the dynamic aspect of trade in such markets, we study a dynamic recontracting process similar to the one introduced by Serrano and Volij (2008). First, we analyze the set of recurrent classes of this process as a (non-empty) solution concept....