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This paper compares two prominent stochastic assignment mechanisms in the laboratory: Random serial dictatorship (RSD) and top trading cycles with random endowments (TTC). In standard theory, both mechanisms are strategy-proof and Pareto-effcient for the house allocation problem without...
Persistent link: https://www.econbiz.de/10011687112
Persistent link: https://www.econbiz.de/10011901000
This paper compares two prominent stochastic assignment mechanisms in the laboratory: Random serial dictatorship (RSD) and top trading cycles with random endowments (TTC). In standard theory, both mechanisms are strategy-proof and Pareto-efficient for the house allocation problem without...
Persistent link: https://www.econbiz.de/10012901594