Article ID Journal Published Year Pages File Type
5072152 Games and Economic Behavior 2011 16 Pages PDF
Abstract
► The Top Trading Cycles mechanism solves some exchange markets with indivisible goods. ► This well-known mechanism satisfies good properties when preferences are strict. ► We propose a new family of mechanisms, called Top Trading Absorbing Sets mechanisms. ► This family generalizes the TTC when individuals are allowed to report indifferences. ► This family preserves a maximal possible set of the properties of the TTC.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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