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An experimental study of house allocation mechanisms

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Chen, Yan

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Abstract

We report an experiment on three house allocation mechanisms under complete information: random serial dictatorship with squatting rights, and two variants of the top trading cycles mechanism. Results show that the latter two are significantly more efficient than the former.

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Elsevier Science Sa

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Economics

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Economics Letters

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10.1016/j.econlet.2003.10.012

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