Exchange of indivisible goods and indifferences: the Top Trading Absorbing Sets mechanisms
There is a wide range of economic problems involving the exchange of indivisible goods without monetary transfers, starting from the housing market model of the seminal paper of Shapley and Scarf  and including other problems like the kidney exchange or the school choice problems. For many of these models, the classical solution is the application of an algorithm/mechanism called Top Trading Cycles, attributed to David Gale, which satisﬁes good properties for the case of strict preferences. In this paper, we propose a family of mechanisms, called Top Trading Absorbing Sets mechanisms, that generalizes the Top Trading Cycles for the general case in which individuals can report indifferences, and preserves all its desirable properties.
|Date of creation:||01 Oct 2009|
|Date of revision:|
|Contact details of provider:|| Postal: |
Fax: +32 10474304
Web page: http://www.uclouvain.be/coreEmail:
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- YIlmaz, Özgür, 2009. "Random assignment under weak preferences," Games and Economic Behavior, Elsevier, vol. 66(1), pages 546-558, May.
- Alvin E. Roth & Tayfun Sönmez & M. Utku Ünver, 2004.
"Pairwise Kidney Exchange,"
Game Theory and Information
0408001, EconWPA, revised 16 Feb 2005.
- Alvin E. Roth & Tayfun Sonmez & M. Utku Unver, 2004. "Pairwise Kidney Exchange," NBER Working Papers 10698, National Bureau of Economic Research, Inc.
- Alvin E. Roth & Tayfun Sönmez & M. Utku Ünver, 2004. "Pairwise Kidney Exchange," Boston College Working Papers in Economics 620, Boston College Department of Economics.
- Alvin E. Roth & Tayfun Sonmez & M. Utku Unver, 2004. "Pairwise Kidney Exchange," Levine's Bibliography 122247000000000350, UCLA Department of Economics.
- Tayfun Sönmez & M. Utku Ünver, 2009. "Matching, Allocation, and Exchange of Discrete Resources," Boston College Working Papers in Economics 717, Boston College Department of Economics.
- Atila Abdulkadiroglu & Tayfun Smez, 2003.
"School Choice: A Mechanism Design Approach,"
0203-18, Columbia University, Department of Economics.
- Jaramillo, Paula & Manjunath, Vikram, 2012.
"The difference indifference makes in strategy-proof allocation of objects,"
Journal of Economic Theory,
Elsevier, vol. 147(5), pages 1913-1946.
- Paula Jaramillo & Vikram Manjunath, 2011. "The Difference Indifference Makes in Strategy-Proof Allocation of Objects," DOCUMENTOS CEDE 008746, UNIVERSIDAD DE LOS ANDES-CEDE.
- Aytek Erdil & Haluk Ergin, 2007.
"What`s the Matter with Tie-breaking? Improving Efficiency in School Choice,"
Economics Series Working Papers
349, University of Oxford, Department of Economics.
- Aytek Erdil & Haluk Ergin, 2008. "What's the Matter with Tie-Breaking? Improving Efficiency in School Choice," American Economic Review, American Economic Association, vol. 98(3), pages 669-89, June.
- Abdulkadiroglu, Atila & Sonmez, Tayfun, 1999. "House Allocation with Existing Tenants," Journal of Economic Theory, Elsevier, vol. 88(2), pages 233-260, October.
- Thomas Quint & Jun Wako, 2004. "On Houseswapping, the Strict Core, Segmentation, and Linear Programming," Yale School of Management Working Papers ysm373, Yale School of Management.
- Roth, Alvin & Ãœnver, M. Utku & SÃ¶nmez, Tayfun, 2004.
2580565, Harvard University Department of Economics.
- Ehlers, Lars, 2002. "Coalitional Strategy-Proof House Allocation," Journal of Economic Theory, Elsevier, vol. 105(2), pages 298-317, August.
- Bird, Charles G., 1984. "Group incentive compatibility in a market with indivisible goods," Economics Letters, Elsevier, vol. 14(4), pages 309-313.
- Roth, Alvin E., 1982. "Incentive compatibility in a market with indivisible goods," Economics Letters, Elsevier, vol. 9(2), pages 127-132.
- Roth, Alvin E. & Postlewaite, Andrew, 1977. "Weak versus strong domination in a market with indivisible goods," Journal of Mathematical Economics, Elsevier, vol. 4(2), pages 131-137, August.
- Shapley, Lloyd & Scarf, Herbert, 1974. "On cores and indivisibility," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 23-37, March.
- Ma, Jinpeng, 1994. "Strategy-Proofness and the Strict Core in a Market with Indivisibilities," International Journal of Game Theory, Springer, vol. 23(1), pages 75-83.
- E. Kalai & D. Schmeidler, 1975.
"An Admissible Set Occurring in Various Bargaining Situations,"
191, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Kalai, Ehud & Schmeidler, David, 1977. "An admissible set occurring in various bargaining situations," Journal of Economic Theory, Elsevier, vol. 14(2), pages 402-411, April.
When requesting a correction, please mention this item's handle: RePEc:cor:louvco:2009062. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alain GILLIS)
If references are entirely missing, you can add them using this form.