Bochet, Olivier; Klaus, Bettina; Walzl, Markus - Maastricht : METEOR, Maastricht Research School of … - 2007
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 (2005). First, we analyze the set of recurrent classes of this process as a (non-empty) solution concept....