Characterizing the TTC rule via pair-efficiency: A short proof

Özgün Ekici and Jay Sethuraman

Economics Letters, 2024, vol. 234, issue C

Abstract: In the object reallocation problem, Ekici (2023) showed that Top Trading Cycles (TTC) is the unique rule that is strategyproof, individual-rational, and pair-efficient. We provide a short proof of this characterization result.

Keywords: Indivisible object; Pair-efficient; Strategyproof; Individually-rational; Top trading cycles (search for similar items in EconPapers)
JEL-codes: C78 D61 D63 D82 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:234:y:2024:i:c:s0165176523004858

DOI: 10.1016/j.econlet.2023.111459

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