We study a generalization of Shapley-Scarf's (1974) economy in which multiple types of indivisible goods are traded. We show that many of the distinctive results from the Shapley-Scarf economy do not carry over to this model, even if agents' preferences are strict and can be represented by...

We consider the n-player houseswapping game of Shapley-Scarf (1974), with indfferences in preferences allowed. It is well-known that the strict core of such a game may be empty, single-valued, or multi-valued. We define a condition on such games called "segmentability", which means that the set...

The author considers an exchange model with indivisible goods and a perfectly divisible good, namely, money. This model was presented by M. Quinzii (1984) as an extension of the Shapley-Scarf model without divisible goods. The author proves that the strong core always coincides with the set of...