文献类型：期刊文献

英文题名：Alternative characterizations of the top trading cycles rule in housing markets

作者：Chen, Yajing[1];Zhao, Fang[2]

机构：[1]East China Univ Sci & Technol, Sch Business, 130 Meilong Rd, Shanghai 200237, Peoples R China;[2]Xi An Jiao Tong Univ, Sch Econ & Finance, Xian 710049, Shaanxi, Peoples R China

年份：2021

卷号：201

外文期刊名：ECONOMICS LETTERS

收录：;WOS:【SSCI(收录号:WOS:000636069900027)】；

基金：The author thanks Peng Liu for his valuable discussions and suggestions. This research is supported by The National Natural Science Foundation of China, China (No. 71703038), The Ministry of Education Project of Youth Fund of Humanities and Social Sciences, China (No. 17YJC790012), and Innovation Program of Shanghai Municipal Education Commission, China (No. 2017-01-07-00-02-E00008).

语种：英文

外文关键词：Housing market; Top trading cycles rule; Rank monotonicity; Characterizations

摘要：Building on Ma (1994) and Fujinaka and Wakayama (2018), this paper characterizes the top trading cycles rule in housing markets without the help of strategy-proofness, by the following two groups of axioms: individual rationality, Pareto efficiency, rank monotonicity; individual rationality, endowments-swapping-proofness, rank monotonicity. (C) 2021 Elsevier B.V. All rights reserved.