Article ID: | iaor19942246 |
Country: | Germany |
Volume: | 23 |
Start Page Number: | 75 |
End Page Number: | 83 |
Publication Date: | Oct 1994 |
Journal: | International Journal of Game Theory |
Authors: | Ma J. |
The paper shows that, in markets with indivisibilities (typified by the Shapley-Scarf housing market), the strict core mechanism is categorically determined by three assumptions: individual rationality, Pareto optimality and strategy-proofness.