Abstract
We provide a short proof for the following characterization of the core in housing markets first proved by Ma (1994): the core is the only rule that satisfies strategy-proofness, Pareto efficiency and individual rationality.
Original language | English |
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Pages (from-to) | 66-67 |
Number of pages | 2 |
Journal | Economics Letters |
Volume | 126 |
DOIs | |
Publication status | Published - 2015 Jan 1 |
Keywords
- Core
- Housing market
- Strategy-proofness
ASJC Scopus subject areas
- Economics and Econometrics
- Finance