The core of a housing market with externalities
The core of a housing market with externalities
复制标题
具有外部性的房地产市场的核心
作者:
Ismail Saglam;Ayse Mumcu
It is known that the core of a housing market always exists and contains a unique matching when agents have independent preferences. We show that when preferences of agents are interdependent, there are housing markets with an empty core as well as housing markets with a core containing more than one matching.