Random Housing with Existing Tenants
We explore the problem of distributing a group of indivisible objects, some of which incorporate a primitive assignment of use, or tenancy right. Within this framework we analyze the existence of rules always selecting an ex-ante efﬁcient allocation, conditioned to a preservation of the tenancy rights. We realize that a probabilistic version of the Deferred Acceptance procedure (Gale and Shapley, 1962), is efﬁcient and, from an ordinal point of view, superior to the randomized approaches of the Top Trading Cycles (Abdulkadiroglu and Sönmez, 1999) and the New House 4 mechanism employed in the MIT.
|Date of creation:||25 Sep 2013|
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- Roth, Alvin E. & Sonmez, Tayfun & Utku Unver, M., 2005.
"Pairwise kidney exchange,"
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- Alvin E. Roth & Tayfun Sönmez & M. Utku Ünver, 2004. "Pairwise Kidney Exchange," Boston College Working Papers in Economics 620, Boston College Department of Economics.
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2580565, Harvard University Department of Economics.
- Balinski, Michel & Sonmez, Tayfun, 1999. "A Tale of Two Mechanisms: Student Placement," Journal of Economic Theory, Elsevier, vol. 84(1), pages 73-94, January.
- Bogomolnaia, Anna & Moulin, Herve, 2001. "A New Solution to the Random Assignment Problem," Journal of Economic Theory, Elsevier, vol. 100(2), pages 295-328, October.
- Atila Abdulkadiroglu & Tayfun Sonmez, 1998. "Random Serial Dictatorship and the Core from Random Endowments in House Allocation Problems," Econometrica, Econometric Society, vol. 66(3), pages 689-702, May.
- Abdulkadiroglu, Atila & Sonmez, Tayfun, 2003. "Ordinal efficiency and dominated sets of assignments," Journal of Economic Theory, Elsevier, vol. 112(1), pages 157-172, September.
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