A characterization of Top Trading Cycles under trading networks
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Date
2023-10-06Author
Mustafa Oğuz, AfacanMetadata
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We consider an object reallocation problem within a specific class of trade restrictions. An agent can only receive the object of someone else connected to him, which is referred to as feasibility. We introduce a Network Augmented Top Trading Cycles (NTTC) mechanism. Our main result shows that a mechanism is NTTC if and only if it is feasible, individually rational, constrained efficient, and strategy-proof.
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