English
Related papers

Related papers: Axioms for Top Trading Cycles in Multi-Object Real…

200 papers

We study the object reallocation problem under strict preferences. On the unrestricted domain, Ekici (2024) showed that the Top Trading Cycles (TTC) mechanism is the unique mechanism that is individually rational, pair efficient, and…

Theoretical Economics · Economics 2025-08-13 Sumit Goel , Yuki Tamura

We consider a housing market model with limited externalities where agents care both about their own consumption via demand preferences and about the agent who receives their endowment via supply preferences (we extend the associated…

Theoretical Economics · Economics 2025-08-08 Bettina Klaus

This paper focuses on the problem of fairly and efficiently allocating resources to agents. We consider a specific setting, usually referred to as a housing market, where each agent must receive exactly one resource (and initially owns…

Artificial Intelligence · Computer Science 2021-04-20 Aurélie Beynier , Nicolas Maudet , Simon Rey , Parham Shams

We study the classical probabilistic assignment problem, where finitely many indivisible objects are to be probabilistically or proportionally assigned among an equal number of agents. Each agent has an initial deterministic endowment and a…

Theoretical Economics · Economics 2025-11-07 Sai Praneeth Donthu , Souvik Roy , Soumyarup Sadhukhan , Gogulapati Sreedurga

We study the problem of exchange when 1) agents are endowed with heterogeneous indivisible objects, and 2) there is no money. In general, no rule satisfies the three central properties Pareto-efficiency, individual rationality, and…

Computer Science and Game Theory · Computer Science 2018-03-08 William Phan , Christopher Purcell

We study the classical assignment problem with initial endowments in a probabilistic framework. In this setting, each agent initially owns an object and has strict preferences over the entire set of objects, and the goal is to reassign…

Theoretical Economics · Economics 2025-07-15 Sreedurga Gogulapati , Yadati Narahari , Souvik Roy , Soumyarup Sadhukhan

We study balanced exchange problems in which agents with responsive preferences are endowed with multiple indivisible objects and can trade without transfers (e.g. shift exchange, time-banking). Eliciting full preferences over bundles is…

Theoretical Economics · Economics 2026-04-14 Vikram Manjunath , Alexander Westkamp

This paper studies the housing market problem introduced by Shapley and Scarf (1974). We probe the Machiavellian frontier of the well-known top trading cycles (TTC) rule by weakening strategy-proofness and providing new characterizations…

Theoretical Economics · Economics 2024-04-10 Yajing Chen , Zhenhua Jiao , Chenfeng Zhang , Luosai Zhang

Top trading cycles with fixed tie-breaking (TTC) has been suggested to deal with indifferences in object allocation problems. Unfortunately, under general indifferences, TTC is neither Pareto efficient nor group strategy-proof. Furthermore,…

Theoretical Economics · Economics 2026-02-03 Will Sandholtz , Andrew Tai

For object reallocation problems, if preferences are strict but otherwise unrestricted, the Top Trading Cycles rule (TTC) is the leading rule: It is the only rule satisfying efficiency, individual rationality, and strategy-proofness.…

Theoretical Economics · Economics 2022-03-01 Yuki Tamura , Hadi Hosseini

We consider multiple-type housing markets (Moulin, 1995), which extend Shapley-Scarf housing markets (Shapley and Scarf, 1974) from one dimension to higher dimensions. In this model, Pareto efficiency is incompatible with individual…

Theoretical Economics · Economics 2025-02-18 Di Feng

Cyber-physical systems (CPS) increasingly manage shared physical resources in the presence of human decision-making, where system-assigned actions must be executed by users or agents in the physical world. A fundamental challenge in such…

Computer Science and Game Theory · Computer Science 2026-02-03 Anurag Satpathy , Arindam Khanda , Chittaranjan Swain , Sajal K. Das

This paper studies a house allocation problem in a networked housing market, where agents can invite others to join the system in order to enrich their options. Top Trading Cycle is a well-known matching mechanism that achieves a set of…

Computer Science and Game Theory · Computer Science 2023-03-21 Youjia Zhang , Pingzhong Tang

We formalize an allocation model under ordinal preferences that is more general than the well-studied Shapley-Scarf housing market. In our model, the agents do not just care which house or resource they get but also care about who gets…

Computer Science and Game Theory · Computer Science 2018-07-17 Haris Aziz , Edward Lee

This paper proposes a fast Markov Matrix-based methodology for computing Top Trading Cycles (TTC) that delivers O(1) computational speed, that is speed independent of the number of agents and objects in the system. The proposed methodology…

Econometrics · Economics 2024-03-25 Irene Aldridge

We study the implementation of fixed priority top trading cycles (FPTTC) rules via simply dominant mechanisms (Pycia and Troyan, 2019) in the context of assignment problems, where agents are to be assigned at most one indivisible object and…

Theoretical Economics · Economics 2023-02-08 Pinaki Mandal

One-sided matching problems with ordinal preferences, such as hostel room allocation, are commonly solved using the Top Trading Cycles (TTC) mechanism, which guarantees Pareto-optimal (PO) outcomes. However, TTC does not yield a unique…

Computer Science and Game Theory · Computer Science 2026-05-14 Bhavik Dodda , Garima Shakya

We investigate Ekici (2024b)'s multi-center allocation problems, focusing on fairness in this context. We introduce three fairness notions that respect centers' priorities: internal fairness, external fairness, and procedural fairness. The…

Theoretical Economics · Economics 2026-03-03 Yao Cheng , Di Feng

We study multi-type housing markets, where there are $p\ge 2$ types of items, each agent is initially endowed one item of each type, and the goal is to design mechanisms without monetary transfer to (re)allocate items to the agents based on…

Computer Science and Game Theory · Computer Science 2016-11-24 Sibel Adali , Sujoy Sikdar , Lirong Xia

We study stable allocations in an exchange economy with indivisible goods. The problem is well-known to be challenging, and rich enough to encode fundamentally unstable economies, such as the roommate problem. Our approach stems from…

Theoretical Economics · Economics 2024-02-23 Federico Echenique , Sumit Goel , SangMok Lee
‹ Prev 1 2 3 10 Next ›