Strategy-Proof House Allocation with Price Restrictions

Tommy Andersson and Lars-Gunnar Svensson ()
Additional contact information
Lars-Gunnar Svensson: Department of Economics, Lund University, Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund, Sweden, http://www.nek.lu.se/en/contact/senior

No 2015:9, Working Papers from Lund University, Department of Economics

Abstract: This paper considers a house allocation problem with no initial ownership and where prices are bounded from below and above by exogenously given price restrictions. This type of housing market contains, e.g., the "assignment market" and the "student placement problem" as special cases. A mechanism called the minimal RPE mechanism is defined, and two main results are obtained. First, it is demonstrated that the mechanism is manipulable at some profile in the full preference domain. Second, it is proved that there is a subset of the full domain, containing almost all profiles in the full domain, such that the minimal RPE mechanism is strategy-proof in that subset.

Keywords: house allocation; matching; strategy-proofness; preference domains (search for similar items in EconPapers)
JEL-codes: C78 D71 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2015-04-01, Revised 2015-10-15
New Economics Papers: this item is included in nep-gth and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Strategy-proof house allocation with price restrictions (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lunewp:2015_009

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