The coordinate-wise core for multiple-type housing markets is second-best incentive compatible
We consider the generalization of Shapley and Scarf’s (1974) [Shapley, L., Scarf’s, H., 1974. On cores and indivisibility. Journal of Mathematical Economics 1, 23–37.] model of trading indivisible objects (houses) to so-called multiple-type housing markets. We show that the prominent solution for th...
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| Veröffentlicht in: | Journal of mathematical economics 2008-09, Vol.44 (9), p.919-924 |
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| container_title | Journal of mathematical economics |
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| creator | Klaus, Bettina |
| description | We consider the generalization of Shapley and Scarf’s (1974) [Shapley, L., Scarf’s, H., 1974. On cores and indivisibility. Journal of Mathematical Economics 1, 23–37.] model of trading indivisible objects (houses) to so-called multiple-type housing markets. We show that the prominent solution for these markets, the coordinate-wise core rule, is second-best incentive compatible. |
| doi_str_mv | 10.1016/j.jmateco.2007.05.013 |
| format | Article |
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| ispartof | Journal of mathematical economics, 2008-09, Vol.44 (9), p.919-924 |
| issn | 0304-4068 |
| language | eng |
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| source | RePEc; ScienceDirect Journals (5 years ago - present) |
| subjects | Coordinate-wise core Housing market Indivisible goods Mathematical economics Second-best incentive compatibility Strategic planning Strategy-proofness |
| title | The coordinate-wise core for multiple-type housing markets is second-best incentive compatible |
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