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polynomial of degree N-1. In order to deal with the intricacy of the resulting evolutionary dynamics, we make use of the theory … of polynomials in Bernstein form. This theory implies a tight link between the sign pattern of the gains from switching …
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Many real-life applications of house allocation problems are dynamic. For example, in the case of on-campus housing for …, we introduce a model of house allocation with overlapping agents. In terms of dynamic mechanism design, we examine two …-proofness. We provide another simple dynamic mechanism that is strategy-proof and Pareto efficient. -- house allocation …
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This paper builds a dynamic general equilibrium model of cities and uses it to analyze the role of local housing markets and moving costs in determining the character and extent of labor reallocation in the US economy. Labor reallocation in the model is driven by idiosyncratic city-specific...
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